Summary:
Mumbai, Jan 21 (PTI) Equity benchmark Sensex slumped nearly 700 points in opening trade on Friday, tracking intense selling pressure across the counters amid a negative trend in global markets and sustained foreign fund outflow.
The BSE gauge was trading 690.51 points or 1.16 per cent lower at 58,774.11 in early trade.
Likewise, the Nifty fell 194.10 points or 1.09 per cent to 17,562.90.
Bajaj Finserv was the top loser in the Sensex pack, shedding 2.59 per cent, followed by Infosys, Dr Reddy’s, Tech Mahindra, Sun Pharma, Wipro and IndusInd Bank.
On the other hand, PowerGrid and HUL were the only gainers.
In the previous session, the 30-share BSE index ended 634.20 points or 1.06 per cent lower at 59,464.62.