Sensex below 80000 in early trade, Fall in Nifty
New Delhi| Domestic markets Sensex and Nifty recorded a decline in early trade. BSE Sensex slipped 214.08 points to 79,003.97 in early trade and NSE Nifty fell 63.8 points to 23,887.90. In addition, the rupee rose by six paise in early trade to reach its all-time low of 85.07 against the US dollar.
Foreign institutional investors (FIIs) were selling on Thursday and sold shares worth a net Rs 4,224.92 crore, according to stock market data. Meanwhile, out of 30 Sensex listed companies, shares of Axis Bank, Tech Mahindra, IndusInd Bank, JSW Steel, ITC, Larsen & Toubro, UltraTech Cement and HDFC Bank were the biggest losers. Shares of Titan, NTPC, Bajaj Finance, Bharti Airtel, Tata Consultancy Services and Maruti rose.
