Share Market Today: Sensex, Nifty Trade Flat In Early Trade. Titan Slips 4 Per Cent

Share market today: On the 30-share Sensex platform, Titan emerged as the main loser, falling 4.13 per cent, followed by Asian Paints, JSW Steel, Adani Ports, Bajaj twins, Maruti

Share market today: In the broader markets, the BSE Midcap index rose by 0.33 per cent while the Smallcap index advanced 0.76 per cent.

Source : PTI

Share market today: The two key benchmark indices, Sensex and Nifty, on Monday declined in early trade as investors opted for profit-booking following the recent record rally in equities. At 10.15 am, the BSE Sensex dropped 90 points to 79,906. On the other hand, the NSE Nifty50 was trading at 24,306, slipping 18 points.

Stock update

On the 30-share Sensex platform, Titan emerged as the main loser, falling 4.13 per cent, followed by Asian Paints, JSW Steel, Adani Ports, Bajaj twins, Maruti. On the flip side, Nestle, Tata Motors, ITC, HUL, TechM, Infosys were among the early gainers.

In the broader markets, the BSE Midcap index rose by 0.33 per cent while the Smallcap index advanced 0.76 per cent. Both the indices recorded their record highs with Midcap registering its fresh high at 47,630 while Smallcap hitting a new peak at 54,617.

Sectoral update

Sectorwise, except capital goods and FMCG, all other indices are trading in the negative zone.

In the previous session on Friday, the BSE Sensex closed at 79,997, down 53 points, while the NSE Nifty50 ended at 24,324, up 21 points.

Global update

In Asian markets, Shanghai and Hong Kong were trading lower, while Seoul and Tokyo quoted in the green. US markets ended with gains on Friday.

Global oil benchmark Brent crude dipped 0.09 per cent to $86.46 a barrel.

Foreign Institutional Investors (FIIs) bought equities worth Rs 1,241.33 crore on Friday, according to exchange data.

Rupee gains 5 paise

The rupee appreciated 5 paise to 83.44 against the US dollar in early trade on Monday, as the American currency and crude oil prices retreated from their elevated levels, Forex traders said foreign fund inflows also aided investors' sentiments and supported the rupee.

At the interbank foreign exchange market, the local unit opened at 83.45 and gained further to 83.44 against the greenback, registering a rise of 5 paise from its previous close. On Friday, the rupee settled at 83.49 against the US dollar.