A day after hitting an all-time high, the equity benchmark indices opened in red on Tuesday. In the early trade, the 30-share BSE Sensex was down by 60.38 points to 82,499.46. Meanwhile, the Nifty also fell by 11.90 points to 25,266.80.
Among the 30 Sensex firms, Bajaj Finance, Bajaj Finserv, Infosys, ICICI Bank, Tech Mahindra and Titan were the biggest laggards. ITC, Sun Pharma, Hindustan Unilever and Nestle were among the gainers. Foreign Institutional Investors (FIIs) bought equities worth Rs 1,735.46 crore on Monday, according to exchange data. Global oil benchmark Brent crude declined 0.40 per cent to USD 77.21 a barrel.
Rupee against dollar
The rupee declined 4 paise to 83.95 against the US dollar in early trade on Tuesday due to a stronger greenback in global markets and weak domestic manufacturing data. A decline in the domestic equity market also contributed to the drop in the local unit, forex traders said. At the interbank foreign exchange market, the rupee opened at 83.94, lower by 3 paise from its previous close before dropping further to 83.95. The unit had settled at 83.91 against the US dollar on Monday.
The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.08 per cent to 101. 73 points. Brent crude, the international benchmark, declined 0.31 per cent to USD 77.28 per barrel in futures trade.
(With inputs from PTI)
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