<p>Mumbai: Benchmark equity indices Sensex and Nifty declined in early trade on Monday amid continuous foreign fund outflows, weak trends from Asian markets and heavy selling in Tata Motors.</p><p>The 30-share BSE Sensex tanked 462.33 points to 72,202.14. The NSE Nifty declined 125.8 points to 21,929.40.</p><p>From the Sensex basket, Tata Motors dropped over 7 per cent despite reporting over three-fold jump in consolidated net profit at Rs 17,528.59 crore for the fourth quarter ended March 31, 2024.</p>.Rupee opens on a flat note against US dollar in early trade. <p>JSW Steel, Tata Steel, NTPC, State Bank of India, Power Grid and Mahindra & Mahindra were the other major laggards.</p><p>Sun Pharma emerged as the only gainer from the pack.</p><p>In Asian markets, Seoul, Tokyo and Shanghai were trading lower while Hong Kong quoted in the positive territory.</p><p>Wall Street ended mostly higher on Friday.</p><p>Foreign Institutional Investors (FIIs) offloaded equities worth Rs 2,117.50 crore on Friday, according to exchange data.</p><p>Global oil benchmark Brent crude declined 0.31 per cent to USD 82.53 a barrel.</p><p>The BSE benchmark climbed 260.30 points or 0.36 per cent to settle at 72,664.47 on Friday. The NSE Nifty climbed 97.70 points or 0.44 per cent to 22,055.20.</p>
<p>Mumbai: Benchmark equity indices Sensex and Nifty declined in early trade on Monday amid continuous foreign fund outflows, weak trends from Asian markets and heavy selling in Tata Motors.</p><p>The 30-share BSE Sensex tanked 462.33 points to 72,202.14. The NSE Nifty declined 125.8 points to 21,929.40.</p><p>From the Sensex basket, Tata Motors dropped over 7 per cent despite reporting over three-fold jump in consolidated net profit at Rs 17,528.59 crore for the fourth quarter ended March 31, 2024.</p>.Rupee opens on a flat note against US dollar in early trade. <p>JSW Steel, Tata Steel, NTPC, State Bank of India, Power Grid and Mahindra & Mahindra were the other major laggards.</p><p>Sun Pharma emerged as the only gainer from the pack.</p><p>In Asian markets, Seoul, Tokyo and Shanghai were trading lower while Hong Kong quoted in the positive territory.</p><p>Wall Street ended mostly higher on Friday.</p><p>Foreign Institutional Investors (FIIs) offloaded equities worth Rs 2,117.50 crore on Friday, according to exchange data.</p><p>Global oil benchmark Brent crude declined 0.31 per cent to USD 82.53 a barrel.</p><p>The BSE benchmark climbed 260.30 points or 0.36 per cent to settle at 72,664.47 on Friday. The NSE Nifty climbed 97.70 points or 0.44 per cent to 22,055.20.</p>