<p>Market benchmark Sensex dropped over 150 points in opening session on Thursday dragged by losses in Reliance Industries, HDFC Bank and Infosys ahead of January derivatives' expiry.</p>.<p>After opening 181 points higher, the 30-share BSE index turned volatile and surrendered all gains to trade 168.61 points or 0.41 per cent lower at 41,030.05.</p>.<p>Similarly, the broader NSE was trading 41.65 points, or 0.34 per cent, down at 12,087.85.</p>.<p>In the previous session, Sensex settled 231.80 points, or 0.57 per cent, higher at 41,198.66, and Nifty closed 73.70 points, or 0.61 per cent, up at 12,129.50.</p>.<p>Meanwhile, on a net basis, foreign institutional investors sold equities worth Rs 1,014.27 crore, while domestic institutional investors purchased shares worth Rs 1,520.90 crore on Wednesday, data available with stock exchanges showed.</p>.<p>Tata Steel was the top loser in the Sensex pack, shedding up to 2 per cent, followed by IndusInd Bank, Reliance Industries, Nestle India, Bharti Airtel, SBI, Kotak Bank and Infosys.</p>.<p>On the other hand, PowerGrid, NTPC, Hero MotoCorp, TCS and HCL Tech were trading on a positive note.</p>.<p>According to traders, benchmark indices turned highly volatile ahead of the expiry of January futures and options (F&O) contracts.</p>.<p>Further, weakness in other Asian bourses amid concerns over the impact of China's coronavirus on world economy also weighed on domestic market, traders said.</p>.<p>Bourses in Hong Kong, Japan and South Korea were trading with sharp losses, while markets in China remained closed.</p>.<p>Benchmarks on Wall Street ended on a tepid note on Wednesday.</p>.<p>Brent crude oil futures fell 1.09 per cent to USD 58.27 per barrel.</p>.<p>The rupee depreciated 17 paise to 71.45 against the US dollar in morning session. </p>
<p>Market benchmark Sensex dropped over 150 points in opening session on Thursday dragged by losses in Reliance Industries, HDFC Bank and Infosys ahead of January derivatives' expiry.</p>.<p>After opening 181 points higher, the 30-share BSE index turned volatile and surrendered all gains to trade 168.61 points or 0.41 per cent lower at 41,030.05.</p>.<p>Similarly, the broader NSE was trading 41.65 points, or 0.34 per cent, down at 12,087.85.</p>.<p>In the previous session, Sensex settled 231.80 points, or 0.57 per cent, higher at 41,198.66, and Nifty closed 73.70 points, or 0.61 per cent, up at 12,129.50.</p>.<p>Meanwhile, on a net basis, foreign institutional investors sold equities worth Rs 1,014.27 crore, while domestic institutional investors purchased shares worth Rs 1,520.90 crore on Wednesday, data available with stock exchanges showed.</p>.<p>Tata Steel was the top loser in the Sensex pack, shedding up to 2 per cent, followed by IndusInd Bank, Reliance Industries, Nestle India, Bharti Airtel, SBI, Kotak Bank and Infosys.</p>.<p>On the other hand, PowerGrid, NTPC, Hero MotoCorp, TCS and HCL Tech were trading on a positive note.</p>.<p>According to traders, benchmark indices turned highly volatile ahead of the expiry of January futures and options (F&O) contracts.</p>.<p>Further, weakness in other Asian bourses amid concerns over the impact of China's coronavirus on world economy also weighed on domestic market, traders said.</p>.<p>Bourses in Hong Kong, Japan and South Korea were trading with sharp losses, while markets in China remained closed.</p>.<p>Benchmarks on Wall Street ended on a tepid note on Wednesday.</p>.<p>Brent crude oil futures fell 1.09 per cent to USD 58.27 per barrel.</p>.<p>The rupee depreciated 17 paise to 71.45 against the US dollar in morning session. </p>