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Markets decline in early trade after record rally
Updated On: 05 July, 2024 12:09 PM IST | Mumbai | mid-day online correspondent
The 30-share BSE Sensex fell 504.27 points to 79,545.40, while the NSE Nifty tumbled 105.30 points to 24,196.85
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Benchmark equity indices fell in early trade on Friday, suggesting profit-taking following a record run in recent trading sessions and selling pressure in blue-chip companies such as HDFC Bank and ICICI Bank. The 30-share BSE Sensex fell 504.27 points to 79,545.40, while the NSE Nifty tumbled 105.30 points to 24,196.85, reported PTI.
According to the report, key laggards among the 30 Sensex businesses were HDFC Bank, Mahindra & Mahindra, Titan, Tata Steel, ICICI Bank, IndusInd Bank, Power Grid, and Kotak Mahindra Bank. Sun Pharmaceuticals, JSW Steel, Larsen & Toubro, Hindustan Unilever, Reliance Industries, Infosys, and Tech Mahindra, on the other hand, saw gains.
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