Sensex, Nifty start on a cautious note

DN Bureau

Market benchmarks Sensex and Nifty opened on a cautious note on Thursday tracking tepid cues from global markets and foreign fund outflow.

BSE
BSE

Mumbai: Market benchmarks Sensex and Nifty opened on a cautious note on Thursday tracking tepid cues from global markets and foreign fund outflow.

After dropping over 100 points in opening session, the 30-share barometer was trading 64.26 points, or 0.16 per cent, lower at 41,258.74. Similarly, the NSE Nifty was trading down by 8.90 points, or 0.07 per cent, at 12,117.

Also Read: Sensex soars over 400 pts in early trade 

In the previous session, the Sensex settled at 41,323, clocking a gain of 428.62 points or 1.05 per cent, and Nifty shot up 133.40 points or 1.11 per cent to close at 12,125.90.

Bourses in Shanghai and Tokyo were trading on a positive note, while those in Seoul and Hong Kong slipped in the red. Brent crude oil futures rose 0.07 per cent to USD 59.16 per barrel.

Also Read: OYO net loss widens to USD 335 mn in 2018-19 

The rupee depreciated 20 paise to 71.74 against the US dollar in morning session.(PTI)

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