Sensex falls 300 pts amid weak global market mood ahead of US inflation data; Nifty below 22,800
On the sectoral front, Nifty Financial Services fell 0.6%, and Nifty Auto declined 0.8%. Additionally, Nifty FMCG, IT, Healthcare, Pharma, and Oil & Gas also saw declines.
Mirroring the weakness in , Indian headline opened lower for the fourth consecutive session on Wednesday as cautiously await U.S. inflation data due this week for clues on the 's trajectory. Selling was seen across all sectors.The BSE was trading 315 points, or 0.42, lower at 74,857. The Nifty50 was down 103 points, or 0.45%, trading at 22,785 around 9:20 am.
In early trade, , M&M, , L&T, , and were the top Sensex stocks dragging the indices down.
On the , Financial Services fell 0.6%, and Auto declined 0.8%. Additionally, Nifty FMCG, IT, Healthcare, Pharma, and Oil & Gas also saw declines.
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Source: Stocks-Markets-Economic Times
