Sensex, Nifty decline in early trade

Published on: 09 Mar 2023 at 12:41 PM

Published by: The fact news

Mumbai, March 9

Stock market opened lower on Thursday, with benchmark index Sensex declining nearly 150 points amid mixed global cues and broader concerns over the US Federal Reserve’s interest rate trajectory.

The 30-share BSE Sensex dropped 149.95 points or 0.25 percent to 60,198.14 points, while the broader NSE Nifty fell 29.75 points or 0.17 percent to 17,724.65 points.

As many as 17 constituents of the Sensex, including Reliance, TCS and HDFC, were trading in the negative territory.

Mixed trends were witnessed in the Asian markets, with Japan trading higher while China declining.

On Wednesday, Sensex closed 123.63 points higher at 60,348.09 points while Nifty gained 42.95 points to end the day at 17,754.40 points.

Foreign Portfolio Investors on Wednesday made net investments worth Rs 3,671.56 crore.