HomeBusinessAfter three days of rise in the stock markets, there was a...

After three days of rise in the stock markets, there was a decline in the opening trade on Friday – after three days of rise in the stock markets, there was a decline in the opening trade on friday.

Mumbai, Nov 25 (PTI) Major stock indices Sensex and Nifty declined in early trade on Friday amid a weak trend in Asian markets, snapping a three-day rally.

During this period, the 30-share BSE Sensex fell 101.03 points to 62,171.65 points. The broader NSE Nifty was down 24.20 points at 18,459.90.

Bajaj Finance, Nestle, Asian Paints, Hindustan Unilever, Infosys, Titan, Tata Consultancy Services, Power Grid and ITC were among the major losers on the Sensex.

On the other hand, Larsen & Toubro, Axis Bank, IndusInd Bank and NTPC advanced.

In other Asian bourses, Seoul, Tokyo and Hong Kong were trading with losses while those in Shanghai were in the red. US markets were closed on Thursday.

In the previous session, the 30-share BSE Sensex had closed at a record high of 62,272.68, up 762.10 points, or 1.24 per cent. The National Stock Exchange’s Nifty also closed at 18,484.10 points with a gain of 216.85 points, or 1.19 percent.

International oil benchmark Brent crude was up 0.23 per cent at $85.54 per barrel.

According to the provisional data of the stock market, foreign institutional investors (FIIs) bought shares worth Rs 1,231.98 crore on a net basis on Thursday.

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