Friday, December 06, 2019
facebook
Business

Posted at: Dec 3, 2019, 9:54 AM; last updated: Dec 3, 2019, 9:54 AM (IST)

Sensex falls 65 points on global trade worries

Sensex falls 65 points on global trade worries
The fresh trade war tensions along with unabated foreign fund outflows weighed heavily on the market sentiments, traders said.

Mumbai, December 3

Equity benchmark Sensex fell over 65 points in early trade on Tuesday in line with global market sell-offs as investors panicked after the US decision to impose tariffs on Argentina and Brazil.

The fresh trade war tensions along with unabated foreign fund outflows weighed heavily on the market sentiments, traders said.

The 30-share index was trading 65.51 points, or 0.16 per cent, lower at 40,736.66. Similarly, the Nifty slipped 23.75 points, or 0.20 per cent to 12,024.45.

In the Sensex pack, Tata Steel emerged as the biggest loser with a slide of 1.95 per cent, followed by Vedanta, IndusInd Bank, Bharti Airtel, ONGC and Axis Bank.

However, Bajaj Auto, Tata Motors, SBI, Bajaj Finance and Maruti gained in the morning trade. PTI

COMMENTS

All readers are invited to post comments responsibly. Any messages with foul language or inciting hatred will be deleted. Comments with all capital letters will also be deleted. Readers are encouraged to flag the comments they feel are inappropriate.
The views expressed in the Comments section are of the individuals writing the post. The Tribune does not endorse or support the views in these posts in any manner.
Share On