Business Update: Equity indices gloomy amid weak global cues
Equity benchmark indices were downbeat during early hours on Friday on the back of weak global cues amid ongoing coronavirus spread and simmering India-China border tensions.
Mumbai: Equity benchmark indices were downbeat during early hours on Friday on the back of weak global cues amid ongoing coronavirus spread and simmering India-China border tensions.
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At 10:15 am, the BSE S&P Sensex was down by 29 points or 0.08 per cent at 38,811 while the Nifty 50 lost by 1 point or 0.01 per cent at 11,448.
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Sensex, Nifty start on a cautious note
Most sectoral indices at the National Stock Exchange were in the negative terrain with thin margins. Nifty realty, however, gained by 1.4 per cent and FMCG ticked up by 0.6 per cent.
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Among others which lost were HCL Technologies, Eicher Motors, IndianOil Corporation, Bajaj Finance and Power Grid Corporation.
MSCI's broadest index of Asia Pacific shares outside Japan dipped by 0.2 per cent but Japan's Nikkei rose by 0.3 per cent. (ANI)