Market Overview - Equity benchmark indices Sensex and Nifty declined in early trade due to a weak trend in global markets and persistent foreign fund outflows, with Sensex down 384.39 points to 84,883.27 and Nifty down 122.9 points to 25,924.05 [1] - Foreign Institutional Investors (FIIs) offloaded equities worth ₹1,114.22 crore, while Domestic Institutional Investors (DIIs) bought stocks worth ₹3,868.94 crore [4] Sector Performance - Major laggards from Sensex firms included Mahindra & Mahindra, Bharti Airtel, Trent, NTPC, Bajaj Finserv, and Power Grid [2] - Gainers included Asian Paints, Hindustan Unilever, UltraTech Cement, Bharat Electronics, and Tata Steel [2] Global Market Influence - Asian markets are trading lower, led by declines in Japan and South Korea, as investors await key economic data releases from China and the US [3] - US markets ended lower on Friday, contributing to the cautious sentiment in Asian markets [3] Currency and Commodities - The Indian Rupee depreciated 9 paise to an all-time low of 90.58 against the US dollar [5] - Brent crude oil prices increased by 0.52% to $61.43 per barrel [5]
Stock markets open lower on foreign fund outflows, weak global trends
BusinessLine·2025-12-15 04:43