Economy
Sensex and Nifty Open Lower on Continued Foreign Fund Outflows
Hindustan Times4h
THE BRIEF
1
Domestic equity indices Sensex and Nifty opened lower on Thursday, driven by continued foreign fund outflows though easing crude oil prices provided some relief.
2
The BSE Sensex opened at 72,192.89 down 287.40 points, while the NSE Nifty opened at 22,543.70 lower by 76.75 points, following provisional data showing foreign investors sold shares worth ₹10,148 crore on Wednesday.
3
Brent crude futures dipped to around $98 a barrel after Iran reported receiving the US response to its latest ceasefire proposal, amid markets facing an eighth consecutive weekly decline.