The 30-share BSE Sensex experienced a fall of 299.99 points – indiansupdate.com

On Thursday, the equity benchmark indices started the trading session on a weak note, marking the third consecutive day of decline. This downward trend was in line with the bearish sentiment prevailing in global markets and continuous foreign fund outflows. The 30-share BSE Sensex experienced a fall of 299.99 points, settling at 65,482.79, while the NSE Nifty declined by 87.5 points to reach 19,439.05.

Titan, Bajaj Finserv, UltraTech Cement, Hindustan Unilever, Tata Steel, and JSW Steel were big slow learners amongst Sensex components. On the other hand, Sun Pharma, NTPC, HDFC Bank, and Larsen & Toubro were among the gainers.

Titan, a leading jeweller and timepiece, reported a 4.3% decline in total net earnings for the June period, at 756 crore. In Asian markets, Seoul, Tokyo, Shanghai, and Hong Kong were trading in negative territory, while the US markets closed lower on Wednesday.

According to market statistics, foreign institutional investors (FIIs) sold securities worth Rs. 1,877.84 crore on Wednesday. Global oil benchmark, Brent crude, rose by 0.11% to reach USD 83.29 a barrel. In the previous session, the Sensex fell by 676.53 points or 1.02%, closing at 65,782.78, and the Nifty declined by 207 points or 1.05%, ending at 19,526.55.