
New Delhi, 8 December (H.S.): The Indian stock market opened in the red on Monday, the first trading day of the week, reflecting persistent domestic capital outflows. Major indices Sensex and Nifty both exhibited downward trends as investor caution prevailed.The Bombay Stock Exchange (BSE) Sensex declined by 136.73 points, or 0.16 percent, settling near 85,575.64, while the National Stock Exchange (NSE) Nifty slipped 47.95 points, or 0.18 percent, hovering around 26,138.50.
Among the 30 Sensex constituent stocks, 11 traded in positive territory, whereas 19 faced selling pressure, indicating a mixed market sentiment.The Indian rupee also weakened, falling by 12 paise against the US dollar to trade around 90.07 during early session deals.
Notably, on the previous trading day, Saturday, the Sensex had closed higher by 447.05 points (0.52 percent) at 85,712.37, and the Nifty gained 152.70 points (0.59 percent) to settle at 26,186.45, reflecting stronger investor confidence.The subdued opening on Monday signals a cautious investor stance amid broader economic uncertainties and ongoing capital withdrawals.
Hindusthan Samachar / Jun Sarkar