Key equity indices opened lower on Monday and fell steeply. The benchmark declined over 330 points while the Nifty was trading 103 points lower.
All sectors witnessed heavy selling pressure, except for the BSE oil and gas index.
The Sensex of the BSE opened at 38,016.76 from its previous close at 38,164.61 on Friday.
At 9.18 a.m., it traded at 37,833.19 down 331.42 points or 0.87 per cent.
The Nifty of the National Stock Exchange (NSE) opened at 11,395.65 after closing at 11,456.90 on Friday. It traded at 11,353.35, down 103.55 points and 0.90 per cent.
Foreign Institutional Investors bought stocks worth Rs 1,374.57 crore on Friday while Domestic Institutional Investors sold scrips worth Rs 675.37 crore.
--IANS
ravi/in
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app