Share market update news: Domestic markets Sensex and Nifty recorded a decline in early trade on Monday. The Sensex fell 475.16 points in early trade to 82,151.07 points and NSE Nifty slipped 88.95 points to 25,238.10 points. The shares of IT companies declined amid concerns over US President Donald Trump’s decision to $ 1,00,000 per employee.
The BSE Sensex fell 475.16 points to 82,151.07 points in early trade and NSE Nifty slipped 88.95 points to 25,238.10 points. Out of the 30 companies included in the Sensex, the shares of Tech Mahindra, Infosys, HCL Tech and Tata Consultancy Services are trading down by 3.88 to 2.26 percent.
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The shares of Sun Pharma, India Electronics, Axis Bank and Tata Steel were also in disadvantage. However, the shares of Adani Port, Internal, Trent and Bajaj Finance were in the lead. Among the Asian markets, South Korea’s Cappey, Nikki 225 of Japan and Shanghai SSE Composite of China were in profit while Hong Kong’s Hangseng was in loss.
Also read: Sensex rises 356 points, beyond NIFTY 25100, these stocks up
The US markets closed with a positive attitude on Friday. International standard Brent crude gained 0.66 percent to a price of $ 67.12 per barrel. According to the stock market data, foreign institutional investors (FIIs) were living on Friday and purely bought shares worth Rs 390.74 crore. (Input agency)
Edited by: Chetan Gour
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