Mumbai, March 25: The Bombay Stock Exchange benchmark Sensex shed over 61 points, or 0.35 percent, in the opening trade on Thursday on capital outflows by foreign funds, weighed by weakening trend on the global markets.
The 30-share index, which had gained 40.45 points in the previous session on Tuesday, fell by 61.16 points, or 0.35 percent to 17,389.86 points in the opening trade.
The wide-based National Stock Exchange index Nifty also declined by 18.60 points, or 0.35 percent, to 5,206.70 points.
Brokers said overnight weakness on the markets and subdued opening on the Asian bourses mainly triggered selling by foreign funds.
Besides, ending settlement on the derivatives segment, as players indulged in squaring-up of positions, also cast its shadow on trading sentiments, they added.
Among major losers Reliance Industries fell by 0.13 percent to Rs 1,087.85, State Bank of India by 0.50 percent to Rs 2,037.00, ICICI Bank 0.86 percent to Rs 917.65 and ONGC 0.66 percent to Rs 1,061.60,
However, Bharti Airtel continued its upward journey and gained another 2.35 percent to Rs 314 after the board of Kuwait’s Zain telecom approved selling of most of its assets to the Indian company.
Meanwhile, Hong Kong’s Hang Seng index fell by 1.47 percent, while the US Dow Jones Industrial average ended 0.41 percent down in yesterday’s trade.
–PTI