Home Economy Sensex falls under 59,400 Nifty under 17,800; sectors drag

Sensex falls under 59,400 Nifty under 17,800; sectors drag

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India’s benchmark indices were trading down over 0.55%. While 4 stocks showed advances 26 showed declines on the Sensex. On Nifty, while 10 stocks showed advances, 40 showed declines. HDFC twins and Bajaj Finance were top index contributors on Sensex.  Tata Consumer, ONGC and UPL were top gainers on Nifty.

06 Oct 2021, 03:03:41 PM IST

Asian equities see massive outflows on inflation worries

Asian equities have seen heavy foreign outflows since the start of this month on concerns about China’s property sector and on expectations that major central banks would raise interest rates soon amid concerns about rising inflationary pressures. Foreigners have sold a combined net total of $3.35 billion in Asian equities this month as of 5 October, data from stock exchanges in India, South Koreaw, Thailand, Indonesia, Taiwan, Philippines and Vietnam showed. Last month, cross-border investors purchased Asian equities…

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