The Sensex declines by 225 points at the start of the equities market, setting a negative tone.
Mumbai: The benchmark equity indexes Sensex and Nifty fell in early trade on Wednesday, despite mixed patterns on the international markets, as investors waited for clues on the direction of US interest rates.
The NSE Nifty fell 54.50 points to 17,875.35 points, while the BSE Sensex fell 225.95 points, or 0.37 percent, to 60,806.31 points.
All but eight of the 22 stocks in the Sensex pack were trading in the red, including Reliance Industries, State Bank of India, and Maruti.
A day after the 30-share Sensex rose 600.42 points or 0.99 percent to settle at 61,032.26 points on Tuesday, the domestic market opened negatively.
In addition, the larger NSE Nifty index increased by 158.95 points, or 0.89 percent, to close at 17,929.85 points.
Asian stocks, including those in Hong Kong, China, and Japan, were trading down on Wednesday. Markets in the US and Europe ended Tuesday with mixed results.
All but eight of the 22 stocks in the Sensex pack were trading in the red, including Reliance Industries, State Bank of India, and Maruti.
A day after the 30-share Sensex rose 600.42 points or 0.99 percent to settle at 61,032.26 points on Tuesday, the domestic market opened negatively.
In addition, the larger NSE Nifty index increased by 158.95 points, or 0.89 percent, to close at 17,929.85 points.
Asian stocks, including those in Hong Kong, China, and Japan, were trading down on Wednesday. Markets in the US and Europe ended Tuesday with mixed results.
