This Monday, The Sensex ended over 51 points lower while the Nifty settled flat amid a weak trend in global markets and continuous foreign fund outflows. During the day, it tumbled 505.52 points or 0.81 per cent to 61,676.15. The broader NSE Nifty ended at 18,497.15, marginally higher by 0.55 points.
According to The Indian Express, “The Sensex ended over 51 points lower on Monday while the Nifty settled flat amid a weak trend in global markets and continuous foreign fund outflows.
Markets are awaiting the November inflation data to be announced later in the day, traders said.
The 30-share BSE Sensex declined 51.10 points or 0.08 per cent to settle at 62,130.57. During the day, it tumbled 505.52 points or 0.81 per cent to 61,676.15.
The broader NSE Nifty ended at 18,497.15, marginally higher by 0.55 points..”
Deccan Herald said, “Global markets started the week on a subdued note ahead of a slew of central bank meetings where they are expected to further hike rates to tame inflation.
In Asia, equity markets in Seoul, Tokyo, Shanghai and Hong Kong ended with losses.
Equity exchanges in Europe were also trading lower in mid-session deals. The US markets had ended in the negative territory on Friday.
International oil benchmark Brent crude dipped 0.80 per cent to $75.49 per barrel.
The rupee declined 25 paise to close at 82.53 (provisional) against the US dollar on Monday.
Foreign Institutional Investors (FIIs) remained net sellers in the capital markets on Friday as they offloaded shares worth Rs 158.01 crore, according to exchange data.”
Along with FTC, UK’s antitrust watchdog will investigate Microsoft and Activision
