PTI
Mumbai, June 22
The Sensex and Nifty started the trade on a muted note on Wednesday and slipped in the negative territory after a two-day breather, following weak trends in Asian markets.
Unabated foreign fund outflows also played spoilsport for the markets.
The 30-share BSE Sensex was trading 418.07 points lower at 52,114. The NSE Nifty fell 131.1 points to 15,507.70.
From the Sensex pack, Bajaj Finserv, Tata Steel, Bajaj Finance, Axis Bank, IndusInd Bank, Tech Mahindra and Bharti Airtel were the major laggards in early trade.
On the other hand, Dr Reddy’s Laboratories, Maruti Suzuki India and Hindustan Unilever were the gainers.
Elsewhere in Asia, markets in Hong Kong, Seoul, Shanghai and Tokyo were quoting lower.
The US markets recorded smart gains on Tuesday.
Meanwhile, international oil benchmark Brent crude tumbled 3.20 per cent to USD 110.98 per barrel.
Stay connected with us on social media platform for instant update click here to join our Twitter, & Facebook
We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.
For all the latest Business News Click Here
