![](https://www.udayavani.com/wp-content/uploads/2024/09/Gen-Asim-Munir-Wikimedia-Commons-415x275.jpg)
Markets retreat from record high levels, trade lower on weak global trends
PTI, Jul 10, 2024, 10:16 AM IST
![](https://www.udayavani.com/wp-content/uploads/2024/07/Stock-Market-Rep-Shutterstock-620x349.jpg)
Representative image (Source: Shutterstock)
Mumbai: Equity benchmark indices declined after hitting their fresh record high levels in early trade on Wednesday amid weak global market trends.
The 30-share BSE Sensex climbed 129.72 points to hit a new all-time high of 80,481.36 during the opening trade. But, soon the benchmark retreated and declined 207.47 points to 80,144.17.
The NSE Nifty also hit its fresh lifetime high of 24,461.05 in opening deals but pared all the gains and dipped 49.6 points to 24,383.60.
Among the Sensex pack, Mahindra & Mahindra, JSW Steel, Kotak Mahindra Bank, Axis Bank, State Bank of India and ICICI Bank were the biggest laggards.
Maruti, Adani Ports, NTPC and Bharti Airtel were among the winners.
In Asian markets, Seoul, Tokyo and Shanghai were quoting lower while Hong Kong traded higher.
US markets ended on a mixed note on Tuesday.
Global oil benchmark Brent crude declined 0.24 per cent to USD 84.46 a barrel.
Foreign Institutional Investors (FIIs) bought equities worth Rs 314.46 crore on Tuesday, according to exchange data.
The BSE benchmark climbed 391.26 points or 0.49 per cent to settle at a new closing peak of 80,351.64 on Tuesday.
The NSE Nifty went up by 112.65 points or 0.46 per cent to 24,433.20 — its record closing high.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
![](https://www.udayavani.com/wp-content/uploads/2023/05/IndianClicks_GVega_Udayavani_300x250_12032021_1_1.gif)
Related Articles More
![](https://www.udayavani.com/wp-content/uploads/2024/09/byju-150x84.png)
Byju’s auditor suggested backdating reports; resignation more of optics: Byju Raveendran
![](https://www.udayavani.com/wp-content/uploads/2024/09/Screenshot_2024-09-07-13-22-54-00_40deb401b9ffe8e1df2f1cc5ba480b12-125x115.jpg)
Wockhardt denies allegations of rent payment by Carol Info, its connection with SEBI orders
![](https://www.udayavani.com/wp-content/uploads/2024/09/House-sold-Pexels-150x100.jpg)
Bengaluru sees 19% hike in home sales: Report
![](https://www.udayavani.com/wp-content/uploads/2024/09/BSE_pti-1-150x84.jpg)
Sensex tanks 1,017 pts to close at 2-week low tracking weak global trends
![](https://www.udayavani.com/wp-content/uploads/2024/09/adaniG-150x84.jpg)
Mumbai college rejected him, Adani built $220 billion empire; delivers lecture at same college
MUST WATCH
Latest Additions
![](https://www.udayavani.com/wp-content/uploads/2024/09/Ganesh-Chaturthi-150x105.jpg)
Karnataka ushers in Ganesh Chaturthi with its customary fervour; political tussle over govt’s order
![](https://www.udayavani.com/wp-content/uploads/2024/09/Gen-Asim-Munir-Wikimedia-Commons-150x99.jpg)
Pakistan Army Chief acknowledges role of Pak army in Kargil war
![](https://www.udayavani.com/wp-content/uploads/2024/09/Infant-1-150x100.jpg)
Kushinagar: Man forced to ‘sell’ son for hospital fee, 5 arrested
![](https://www.udayavani.com/wp-content/uploads/2024/09/CBI-rep-agencies-1-150x113.jpg)
Ex-RG Kar hospital principal had criminal nexus with co-accused for wrongful gains: CBI
![](https://www.udayavani.com/wp-content/uploads/2024/09/rains-rep-PTI-150x84.jpg)
29 dead in Telangana due to heavy rains, floods
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.