# Business

Despite green opening Sensex down 150 pts

At 11.23 a.m., the Sensex was trading 153 points lower at 36,915.28 while the Nifty was down 47.80 points at 10,900.50.

SNS | New Delhi | August 30, 2019 12:17 pm

Sensex dropped more than 150 points on Friday after opening greater over continuous international fund outflow and development issues.

Foreign Institutional Investment (FIIs) sale arises despite last week’s contentious tax surcharge roll-back.

Additionally, precaution over the publication of GDP statistics also led to lower risk for street appetite.

At 11.23 a.m., the Sensex was trading 153 points lower at 36,915.28 while the Nifty was down 47.80 points at 10,900.50.

The benchmark Sensex opened at 37,222.26, higher from its previous close of 37,068.93.

BSE Sensex is down by more than 300 points on Tuesday as geopolitical factors continue to weigh on the markets.

The losses were weighed on investors' risk appetite who will also closely track March quarter results at home.

The Sensex was down 793.25 points or 1.06 percent at 74,244.90, and the Nifty was down 234.40 points or 1.03 percent at 22,519.40.