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Sensex breaks over 227 points in early trade – Sensex breaks over 227 points in early trade

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Sensex breaks over 227 points in early trade – Sensex breaks over 227 points in early trade

Mumbai, Sep 21 (PTI) A weak trend in global stock markets ahead of the US central bank’s policy meeting to decide on interest rates led the Sensex to fall over 227 points in early trade on Wednesday.

During this, the 30-share BSE Sensex fell 227.93 points to 59,491.81 points in early trade. At the same time, NSE Nifty was down 55.05 points at 17,761.20. Later both the indices fluctuated.

In the Sensex, IndusInd Bank, Infosys, HDFC, ICICI Bank, TCS and Kotak Mahindra Bank fell in early trade.

On the other hand, Nestle, Hindustan Unilever, Maruti and Mahindra & Mahindra were trading in gains.

Among other Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were trading in losses. The US markets also closed with losses on Tuesday.

In the previous trading session, the 30-share BSE Sensex closed at 59,719.74 points, up 578.51 points, or 0.98 per cent, on Tuesday. The Nifty of the National Stock Exchange also closed at 17,816.25, up 194 points, or 1.10 percent.

Meanwhile, international oil standard Brent crude rose 0.22 percent to $ 90.82 per barrel.

Foreign institutional investors (FIIs) bought shares worth a net Rs 1,196.19 crore on Tuesday, according to provisional stock market data.

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