Sensex loses 153 points in volatile trade amid weak global markets

Author: Nishu June 14, 2022

Sensex loses 153 points in volatile trade amid weak global markets


Benchmark indices fell for the third consecutive day on Tuesday with the Sensex falling over 153 points amid largely weak global markets, as investors remained cautious ahead of the outcome of the crucial Federal Reserve meeting.

Unabated foreign fund outflows also weighed heavily on the domestic equity markets.

The 30-share benchmark of BSE ended 153.13 points or 0.29% lower at 52,693.57. It closed 387.22 points or 0.73% lower at 52,459.48 during the day.

The NSE Nifty closed at 15,732.10, down 42.30 points or 0.27%.

From the Sensex pack, IndusInd Bank, Tech Mahindra, Reliance Industries, Maruti, Hindustan Unilever, HDFC Bank and Asian Paints were the major laggards.

On the other hand, NTPC, UltraTech Cement, Bharti Airtel and M&M were among the gainers.

Elsewhere in Asia, markets in Seoul and Tokyo ended lower, while Hong Kong and Shanghai bounced back and settled in the green.

European markets were mostly trading lower in mid-session deals.

Stock exchanges in the United States ended down sharply on Monday.

Meanwhile, international oil benchmark Brent crude rose 0.68% to $123.1 per barrel.

Foreign institutional investors (FIIs) remained net sellers in the capital market as they sold shares worth Rs 4,164.01 crore on Monday, according to exchange data.

14 June, 2022, 4:20 pm

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Tuesday, 14th June 2022

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