BSE Sensex, Nifty Drop Amid Weak Global Cues

Mumbai: The benchmark BSE Sensex on Monday opened on a volatile note due to weakness in Asian markets. The benchmark BSE Sensex was trading 28.05 points, 0.08 per cent, tower at 35,714.02, after swinging over 200 points between highs and lows of 35,910.67 and 35,675.02, respectively.

The gauge had plunged 572.04 points on Friday. NSE Nifty was trading lower 25.25 points, or 0.23 per cent, at 10,728.75. Buying activity in pharma, technology, banking auto and FMCG stocks, influenced market sentiment.

Top losers were Hero MotoCorp, Vedanta, Bajaj Auto, Bajaj Finance, Asian Paint and HDFC Bank fell up to 3 per cent.

Meanwhile, Foreign Portfolio Investors (FPIs) bought shares worth Rs. 134.14 crore while domestic institutional investors (DII) sold shares worth Rs. 488.55 crore on Friday.

Asian Markets were trading lower on Friday sue to losses on the wall street.

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