Sunday, October 20, 2019
News

Sensex, Nifty in red

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

Mumbai | Friday, 2019 11:45:05 AM IST
Caution ahead of the key micro-economic data and selling in the financials sector dragged the major indices in the red during the pre-afternoon trade session on Friday.

Key macro-economic figures like forex reserves, Index of Industrial Production and manufacturing output are set to be released on Friday.

Realty stocks traded over 1 per cent lower after Finance Minister Arun Jaitley said at Thursday's GST Council Meeting that owing to diverse opinion, a decision on the much-expected rate reduction for under-construction homes will be taken at a later meeting.

The IT sector stocks also witnessed heavy selling pressure. Financials too traded in the red.

The BSE Sensex opened at 36,191.87 from its previous close at 36,106.50 on Thursday.

At 10.40 a.m., the Sensex traded at 36,040.61 lower by 65.89 points or 0.18 per cent.

The Nifty50 of the National Stock Exchange (NSE) opened at 10,834.75 after closing at 10,821.60 on Thursday.

The Nifty traded at 10,803.85 during the morning trade session, down 17.75 points or 0.16 per cent.

Stock-wise, IT major Tata Consultancy Services traded 1.94 per cent lower after it announced it's quarterly results on Thursday.

--IANS ravi/ksk/vm

( 195 Words)

2019-01-11-11:26:04 (IANS)

 
  LATEST COMMENTS (0)
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE BUSINESS NEWS
October 22 strike may affect operations:...
Ex-Jet Airways chief Dube joins GoAir as...
Amid tension, Assam set to hold Indo-Ban...
Women self-help group stalls a hit at CI...
Singh bros imperiled Religare Finvest to...
India Inc responds warmly to invest in M...
More...
 
INDIA WORLD ASIA
UP: BSF jawan killed in firing by Bangla...
When Hussain Sagar lake became 'Jai Shri...
Maharashtra: Case registered for sending...
India, Philippines to bolster cooperatio...
Odisha: Illegal firecracker production u...
Karnataka: Siddaramaiah accuses Yediyura...
More...    
 
 Top Stories
Turkey threatens to 'crush' Kurds i... 
Military Games will help players to... 
Sanmoy's arrest bring opposition pa... 
Boris Johnson refuses to sign lette... 
41 subway stations damaged during p... 
Jharkhand: With belief of venom imm... 
UP: Woman accuses husband of giving... 
Chinese state media warns NBA commi...