Sensex falls over 150 pts; IT stocks drag

DN Bureau

Domestic equity benchmark BSE Sensex fell over 150 points in early trade Tuesday tracking losses in IT stocks amid weak cues from other Asian markets.

Representational Image
Representational Image

Mumbai: Domestic equity benchmark BSE Sensex fell over 150 points in early trade Tuesday tracking losses in IT stocks amid weak cues from other Asian markets.

The 30-share index was trading 124.41 points, or 0.32 per cent, lower at 38,998.55 at 0930 hours. Similarly, the broader NSE Nifty was quoting 35.25 points, or 0.30 per cent, down at 11,664.40.

Also Read: Sensex, Nifty start on a cautious note 

In the previous session Monday, the BSE gauge settled 71.53 points, or 0.18 per cent, lower at 39,122.96, and the Nifty dropped 24.45 points, or 0.21 per cent, to 11,699.65.

Meanwhile, on a net basis, foreign institutional investors bought equities worth Rs 207.33 crore, and domestic institutional investors purchased shares to the tune of Rs 984.43 crore, provisional data available with stock exchanges showed Monday.

Also Read: Rupee opened flat at 69.58 vs USD in early trade 

On the currency front, the Indian rupee appreciated 6 paise at 69.28 against the US dollar. (PTI)

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