Monday, 29 April 2019

Sensex falls 150 points on foreign fund outflow in early trade

On the other hand, the gainers in the lot include HCL Tech, HDFC Bank, Asian Paints, Infosys, Hindustan Uniliver, Axis Bank and ONGC. On Friday, the Sensex closed 336.47 points, or 0.87 per cent, higher at 39,067.33. The NSE Nifty too ended 112.85 points, or 0.97 per cent, up at 11,754.65. Domestic equity markets were closed Monday due to elections in Mumbai. Meanwhile, Chinese manufacturing sector index fell in April to 50.1, compared to 50.5 in previous month, according to the data released by the National Statistics Bureau. The US equity indices touched a record high on Monday on strong gross domestic product data, which grew at 3.2 per cent in January-March period this year. Foreign institutional investors (FIIs) emerged as net sellers in the capital markets on Friday, pulling out Rs 70.73 crore, while domestic institutional investors (DIIs) bought shares to the tune of Rs 920.88 crore. The rupee appreciated by 32 paise to 69.70 against the US dollar in opening trade Tuesday. Brent crude futures, the global oil benchmark, fell 0.22 per cent to trade at USD 71.88 per barrel. Elsewhere in Asia, benchmark equity indices in Tokyo and Seoul were trading lower, while Shanghai index surged higher. Investors remained cautious over US Federal Reserve policy decision due Wednesday. ... DailyhuntDisclaimer: This story is auto-aggregated by a computer program and has not been created or edited by Dailyhunt. Publisher: Deccan Chroniclehttps://www.sbnation.com/users/renaultregens

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