![](https://www.udayavani.com/wp-content/uploads/2024/07/Shalini-Rajaneesh-415x217.jpg)
Markets fall in early trade
PTI, Sep 30, 2022, 9:55 AM IST
![](https://www.udayavani.com/wp-content/uploads/2022/09/Stock-Market-Rep-Shutterstock-6-620x349.jpg)
Representative Image (Source: Shutterstock)
Mumbai: Benchmark indices fell in early trade on Friday amid weak global market trends and a cautious approach by investors ahead of the Reserve Bank’s monetary policy decision.
The 30-share BSE benchmark fell 262.73 points to 56,147.23 points in initial trades. Similarly, the broader NSE Nifty dipped 70.4 points to 16,747.70 points.
Among the 30-share Sensex pack, Asian Paints, Tech Mahindra, Tata Consultancy Services, Infosys, Mahindra & Mahindra, and Hindustan Unilever were the major laggards in the early trade.
However, Power Grid, Sun Pharma, Reliance Industries, and UltraTech Cement were in the positive territory.
Elsewhere in Asia, markets in Tokyo, Shanghai and Hong Kong were quoting lower while Seoul traded higher.
The US markets had ended sharply lower on Thursday.
“Markets are expected to be volatile before the announcement of RBI’s policy decision scheduled today. Weak global cues will continue to rupture any intra-day strength in the Nifty,” Prashanth Tapse – Research Analyst, Senior VP (Research), Mehta Equities Ltd, said.
The BSE benchmark fell 188.32 points or 0.33 per cent to settle at 56,409.96 points on Thursday. The Nifty dipped 40.50 points or 0.24 per cent to end at 16,818.10 points.
Meanwhile, the international oil benchmark Brent crude futures dipped 0.19 per cent to USD 88.32 per barrel.
Foreign institutional investors offloaded shares worth Rs 3,599.42 crore on Thursday, according to data available with BSE.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
![](https://www.udayavani.com/wp-content/uploads/2023/05/IndianClicks_GVega_Udayavani_300x250_12032021_1_1.gif)
Related Articles More
![](https://www.udayavani.com/wp-content/uploads/2024/07/IndiGo-PTI-rep-150x74.jpg)
IndiGo flags higher inflationary environment, escalation in fuel, airport costs
![](https://www.udayavani.com/wp-content/uploads/2024/07/BSE-bull-run-150x113.jpg)
Sensex rebounds 1,293 points, Nifty races to record high on value buying in bluechips
![](https://www.udayavani.com/wp-content/uploads/2024/07/idbi-150x84.jpg)
IDBI Bank privatisation: Security clearances in place, RBI’s nod expected soon
![](https://www.udayavani.com/wp-content/uploads/2024/07/EV-rep-Shutterstock-1-150x89.jpg)
Hyundai ties up with Charge Zone for high-speed EV chargers
![](https://www.udayavani.com/wp-content/uploads/2024/07/BSE-PTI-4-150x98.jpg)
Stock markets fall for 4th day on selling in banking shares, STT hike
MUST WATCH
Latest Additions
![](https://www.udayavani.com/wp-content/uploads/2024/07/BSY-PTI-150x83.png)
Karnataka HC adjourns POCSO case against ex-CM Yediyurappa for a week
![](https://www.udayavani.com/wp-content/uploads/2024/07/Rain-School-children-Skymet-weather-2-150x90.jpg)
Heavy rain: School holiday on Saturday in Dharwad and Belagavi except Ramdurg
![](https://www.udayavani.com/wp-content/uploads/2024/07/arrested-PExels-5-150x113.jpg)
CBI busts cyber crime network operating from Gurugram; 43 arrested
![](https://www.udayavani.com/wp-content/uploads/2024/07/Shalini-Rajaneesh-150x79.jpg)
Shalini Rajneesh to be new Chief Secretary of Karnataka
![](https://www.udayavani.com/wp-content/uploads/2024/07/Salman-Khan-PTI-1-150x104.jpg)
Salman residence firing: NBW issued against Lawrence Bishnoi’s brother
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.