Early Monday, the Sensex fell more than 190 points, mirroring losses in index heavyweights Reliance Industries, ICICI Bank, and Infosys on weak sentiment in Asian markets.
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The 30-share Sensex fell 193.16 points, or 0.33 percent, to 58,111.91. Also, Nifty dropped 37.90 points or 0.22 percent to 17,331.35.
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HCL Tech was the biggest loser in the Sensex pack, down 1.39 percent, followed by Reliance Industries, ICICI Bank, Infosys, Nestle India, Axis Bank, Titan, and IndusInd Bank. On the other side HDFC, Bharti Airtel, Maruti, ITC, Kotak Bank, and Tata Steel were among the winners.
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On Thursday, the 30-share Sensex closed 54.81 points, or 0.09 percent, higher at 58,305.07, its all-time closing high. The NSE Nifty gained 15.75 points, or 0.09 percent, to 17,369.25.
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The markets were closed on Friday in observance of Ganesh Chaturthi.
In Asia, bourses in Shanghai, Seoul, and Hong Kong were trading down in mid-session trades. Tokyo was likewise in the red at the end of the day.
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According to provisional exchange data, foreign institutional investors (FIIs) were net purchasers in the capital market on Thursday, purchasing shares worth Rs 423.44 crore.
Meanwhile, Brent crude, the international oil benchmark, climbed 0.62 percent to USD 73.37 per barrel.
Rupee falls 15 paise to 73.65 against US dollar in early trade.