The Indian benchmark indices closed lower on Thursday as the Sensex fell 1,236.11 points to close at 82,498.14 and the Nifty declined 365 points to end at 25,454.35 at 3:30 PM.
In the 30-share BSE Sensex, among the laggards were stocks such as Infosys, Kwality Walls, Sun Pharmaceuticals, Titan and Bajaj Finserv.
In the broader markets, the Nifty Midcap 50 declined 1.63 per cent and volatility remained very high. Sectorally, Nifty Realty index tumbled 2.56 per cent.
Previously, during the morning session, the BSE Sensex rang the opening bell near 83,850, climbing more than 100 points, while the NSE Nifty50 opened trading today around 25,850, inching up almost 30 points, as of 9:15 AM.
Global Markets
In Asia, South Korea’s Kospi advanced 3 per cent, while Japan’s Nikkei 225 climbed nearly 1 per cent. Trading in Hong Kong and mainland China was suspended owing to the Lunar New Year holidays. US markets settled in positive territory in overnight trading on Wednesday.
FIIs, DIIs Remain Net Buyers
Foreign institutional investors purchased equities worth Rs 1,154.34 crore on Wednesday. Domestic institutional investors also remained net buyers, acquiring stocks valued at Rs 440.34 crore, according to exchange data.
Oil Prices Edge Up
Brent Crude, the global oil benchmark, increased 0.37 per cent to USD 70.61 per barrel.
