Mumbai: The BSE Sensex fell over 160 points in early trade on Thursday with a mixed trend in Asian markets, continued outflow of foreign capital and losses in major stocks like Infosys, HCL Tech and Reliance Industries. The 30-share index fell 164.47 points, or 0.27 per cent, to 59,934.35 in early trade.
Similarly, the Nifty of the National Stock Exchange was trading at 17,885.95, down 52.45 points or 0.29 per cent. Infosys was the biggest loser in the Sensex by 1.13 percent. Apart from this, Asian Paints, HCL Tech, Reliance Industries, Wipro, HDFC and TCS were also losses. On the other hand, PowerGrid, UltraTech Cement, Tata Steel, Bajaj Finserv, Titan and Axis Bank were also in the red.
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In the previous session, the 30-share BSE Sensex closed 656.04 points, or 1.08 per cent, down at 60,098.82 points. This was the lowest level of the Sensex since January 7. Similarly, the Nifty of the National Stock Exchange also closed at 17,938.40, down 174.65 points, or 0.96 per cent. Meanwhile, international oil benchmark Brent crude was down 0.26 per cent at $88.21 per barrel.
Foreign institutional investors were net sellers in the capital market on Wednesday, selling shares worth Rs 2,704.77 crore, according to stock market data. (agency)