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Stock markets tank in early trade after 3-day rally
['Telangana Today']
Telangana Today
Fresh foreign fund outflows and weak trends in global equities also added to markets’ weakness during initial trading.
The 30-share BSE Sensex tumbled 619.06 points to 81,947.31 in opening trade.
Geopolitical issues continue to plague global trade with continuous threats of tariff weaponisation by Trump.
In Asian markets, South Korea’s Kospi traded higher, while Japan’s Nikkei 225 index, Shanghai’s SSE Composite index and Hong Kong’s Hang Seng index quoted lower.
On Thursday, the Sensex climbed 221.69 points or 0.27 per cent to settle at 82,566.37.