Sensex slips over 192 factors in early commerce, Nifty slips beneath 15,850-mark

Equity benchmark Sensex tumbled over 192 factors in early commerce on Monday, monitoring losses in index majors HDFC twins, ICICI Bank and Reliance Industries amid unabated international fund outflows.
After slipping over 192.17 factors decrease, the 30-share BSE index pared a few of its losses to commerce 54.98 factors or 0.10 per cent decrease at 52,920.82 in preliminary offers, whereas the broader NSE Nifty fell 11.55 factors or 0.07 per cent to fifteen,844.50.
Axis Bank was the highest loser within the Sensex pack, shedding greater than 1 per cent, adopted by Maruti, SBI, HDFC and ICICI Bank. Reliance was buying and selling 0.41 per cent decrease.
On the opposite hand, ITC, Titan, Infosys, Sun Pharma, NTPC and Tata Steel had been among the many gainers.

In the earlier session, Sensex ended 138.59 factors or 0.26 per cent greater at 52,975.80, and Nifty superior 32 factors or 0.20 per cent to complete at 15,856.0.
Foreign institutional traders (FIIs) had been internet sellers within the capital market as they offloaded shares price Rs 163.31 crore on Friday, as per provisional change information.

Elsewhere in Asia, bourses in Shanghai, Seoul and Hong Kong had been within the pink, whereas Tokyo was buying and selling with positive aspects in mid-session offers.
Meanwhile, worldwide oil benchmark Brent crude declined 0.51 per cent to USD 73.72 per barrel.