Sensex declines over 110 factors in early commerce; Nifty checks 17,200

Market benchmark Sensex declined over 110 factors in opening commerce on Friday, monitoring losses in index majors Maruti Suzuki, HDFC Bank and Tech Mahindra amid a weak development in Asian equities.

The 30-share BSE benchmark was buying and selling 111.14 factors decrease at 57,484.54. Similarly, the broader NSE Nifty slipped 18.25 factors to 17,204.50 within the early session.

From the 30-share pack, Titan, Maruti Suzuki India, Tech Mahindra, Asian Paints, Nestle India and HDFC Bank have been the key laggards.

On the opposite hand, Bharti Airtel, Tata Steel, State Bank of India and Kotak Mahindra Bank have been among the many gainers.

In the earlier session, the BSE Sensex had declined 89.14 factors or 0.15 per cent to settle at 57,595.68. The NSE Nifty declined 22.90 factors or 0.13 per cent to 17,222.75.

Elsewhere in Asia, bourses in Tokyo, Shanghai, Seoul and Hong Kong have been quoting decrease throughout mid-session offers.
Stock exchanges within the US ended greater within the in a single day session.

Meanwhile, worldwide oil benchmark Brent crude surged 0.22 per cent to USD 119.29 per barrel.

Foreign institutional traders (FIIs) turned internet sellers within the capital market, as they bought shares price Rs 1,740.71 crore on Thursday, in accordance with inventory trade knowledge.