Sensex, Nifty Today: Indian equity benchmark indices, the Sensex and Nifty, started the trading session on a weak note on June 11, 2206 amid rising geopolitical tensions and a sharp overnight sell-off in global equities. While the 30-share BSE Sensex tumbled 367.19 points or 0.49 per cent to start the session at 73,615.99, the Nifty dropped 110.55 points to open at 23,104.40. In the last trading session, the Sensex closed at 73,983.18 and the Nifty 50 at 23,214.95. Similarly, the broader indices traded in the red in the opening session. While the BSE Midcap Select Index was down by 154.78 points, the BSE Smallcap Select Index dipped by 36.61 points, or 0.45 per cent, to trade in the red at 8,188.12.
In early trade, market breadth was negative, with 1,844 stocks declining against 532 stocks advancing on the NSE. 90 stocks remained unchanged.ย
From the Sensex pack, Power Grid, Sun Pharma, Bharti Airtel and ICICI Bank were in green with Power Grid leading the pack by gaining 0.87 per cent in the early trade. On the other hand, HCL Tech, Infosys, Eternal, Tech Mahindra, and Trent were among the top losers, with HCL Tech being the top loser by falling over 3.49 per cent.
What did Gift Nifty indicate?
Gift Nifty, an early indicator for the Nifty 50, indicated a flat start as it opened without any change, but dropped later. Foreign Institutional Investors (FIIs) continued their selling stance and offloaded equities worth Rs 2,124.98 crore on June 10. However, Domestic Institutional Investors (DIIs) remained steady buyers and purchased equities worth Rs 3,123.95 crore.