Indices trading low amid weak global market trends

25 Aug 2023 , 01:09 PM

Amidst a weak trend in global markets, the equity benchmark indices experienced a decline on Friday.

The Sensex recorded a decrease of 300 points or 0.44 percent, reaching 64,962.06. Similarly, the Nifty exhibited a decline of 100 points or 0.51 percent, settling at 19,288.30. During this period, 1254 shares advanced, 1812 shares faced a decline, and 95 shares remained unchanged.

Among the Nifty’s top performers were Bajaj Finserv, ONGC, Asian Paints, Bajaj Finance, and BPCL. On the other hand, IndusInd Bank, L&T, Adani Enterprises, Dr. Reddy’s Laboratories, and Adani Ports experienced losses. Notably, all the sectoral indices are trading in the negative.

According to exchange data, Foreign Institutional Investors (FIIs) displayed a buying trend on Thursday, as they acquired equities worth Rs 1,524.87 crore.