Amid global market weakness, indices tumble over 1%
Benchmark indices tumbled over 1% on Thursday marking their fourth consecutive session of decline. The decline came amid global market weakness weighing heavily on investor sentiment.
The Sensex opened 102.02 points higher at 38,316.49 from its Monday close of 38,214.47 and NSE Nifty started at 11,360.85, up 19.7 points.
Sensex on Tuesday morning was up over 250 points after opening in the green supported by buying in auto and banking stocks.
The Sensex opened 102.02 points higher at 38,316.49 from its Monday close of 38,214.47 and NSE Nifty started at 11,360.85, up 19.7 points from its previous close. It was up 167.49 points at 38,381.96. Meanwhile, the Nifty index climbed to as high as 11,410.05 in late morning deals, up 68.9 points from its Monday close.
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Foreign Institutional Investors (FIIs) bought Rs 895.63 crore worth of stocks while the Domestic Institutional Investors offloaded stocks worth Rs 425.15 crore on Monday.
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(With input from agencies)
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