Stock Market: Early trade sees Sensex decline by 155 points and Nifty test 17,600

Mumbai: Amid a mixed trend in international markets, the equity benchmark Sensex dropped 155 points in early trade on Friday, mirroring losses in index heavyweights TCS, Infosys, and Maruti. The 30-share BSE index was trading 155.21 points or 0.26 per cent lower at 59,177.39 in initial deals. Similarly, the broader NSE Nifty slipped 37.25 points or 0.21 per cent to 17,621.75. Tech Mahindra was the top loser in the Sensex pack, slipping 1.34 per cent, followed by Nestle India, Maruti, Infosys, UltraTech Cement, TCS and Sun Pharma. On the other hand, Tata Steel, PowerGrid, SBI, NTPC, IndusInd Bank, ICICI Bank and Titan were the gainers. In the previous session, the BSE gauge ended 515.31 points or 0.88 per cent higher at 59,332.60 – its highest closing since April 8, 2022. Likewise, the Nifty gained 124.25 points or 124.25 per cent to close at 17,659. Foreign institutional investors (FIIs) were net buyers in the Indian capital market on Thursday as they purchased shares worth Rs 2,298.08 crore, as per exchange data. International oil benchmark Brent crude was trading 0.40 per cent lower at USD 99.20 per barrel. Equities on Wall Street ended on a mixed note in the overnight session. Asian equities were upbeat this morning, as Japan’s Nikkei added 2.13 per cent. Exchanges in Shanghai, Hong Kong and Seoul were trading with modest gains in mid-session deals. Read all the Latest News , Trending News ,  Cricket News , Bollywood News , India News and Entertainment News here. Follow us on Facebook, Twitter and Instagram.