<p>Equity benchmark indices declined in early trade on Thursday, as profit-taking emerged in <a href="https://www.mid-day.com/business/stock-market/article/indian-stock-markets-closed-for-muharram-holiday-trading-to-resume-thursday-23364656" target="_blank" rel="none noopener">domestic equities</a> after a record rally amid weak global market trends.</p>
<p>The 30-share BSE Sensex opened on a muted note and declined 251.93 points to 80,464.62 in initial trade. The <a href="https://www.mid-day.com/business/business-news/article/nifty-hits-record-high-sensex-rises-290-points-in-early-trade-23364198" target="_blank" rel="none noopener">NSE Nifty</a> dipped 76.6 points to 24,536.40.</p>
<p>Among the Sensex pack, Asian Paints went lower by 2 per cent after the company reported a 24.64 per cent decline in consolidated net profit at Rs 1,186.79 crore in the June quarter, hit by demand slowdown due to severe heatwave and general elections.</p>
<p>UltraTech Cement, Bajaj Finance, Tata Steel, JSW Steel and NTPC were among the other laggards.</p>
<p>On the contrary, Sun Pharma, Axis Bank, Infosys, <a href="https://www.mid-day.com/business/business-news/article/markets-rally-on-it-stock-gains-rupee-remains-flat-against-dollar-23363149" target="_blank" rel="none noopener">Tata Consultancy Services</a> and Bharti Airtel defied the broader market trend and were trading in the positive territory.</p>
<p>In <a href="https://www.mid-day.com/technology/article/73-per-cent-indian-firms-plan-to-use-genai-to-enhance-security-measures-states-report-23361714" target="_blank" rel="none noopener">Asian markets</a>, Seoul, Tokyo and Shanghai were trading lower, while Hong Kong quoted higher.</p>
<p>The US markets ended mostly lower on Wednesday.</p>
<p>Global oil benchmark Brent crude climbed 0.35 per cent to USD 85.38 a barrel.</p>
<p>Foreign Institutional Investors (FIIs) bought equities worth Rs 1,271.45 crore on Tuesday, according to exchange data.</p>
<p>Stock markets were closed on Wednesday on account of Muharram.</p>
<p>The BSE benchmark climbed 51.69 points or 0.06 per cent to settle at a new lifetime high of 80,716.55 on Tuesday. During the day, it advanced 233.44 points or 0.28 per cent to hit a fresh record high of 80,898.30.</p>
<p>The NSE Nifty went up by 26.30 points or 0.11 per cent to settle at an all-time closing high of 24,613. Intra-day, it rallied 74.55 points or 0.30 to hit a new record peak of 24,661.25.</p>
<p><span style="font-size: x-small;"><em>This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever.</em></span></p><p>
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Equity benchmark indices declined in early trade on Thursday, as profit-taking emerged in domestic equities after a record rally amid weak global market trends

Markets decline in early deals on weak global peers, profit-taking

Sensex, Nifty extend Budget day fall in early trade

The 30-share BSE Sensex opened on a muted note and declined 251.93 points to 80,464.62 in initial trade. The NSE Nifty dipped 76.6 points to 24,536.40

Markets decline in early deals on weak global peers, profit-taking

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Markets decline in early deals on weak global peers, profit-taking

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