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BREAKING NEWS

Asian cues, weak rupee depress key equity indices (Second Lead)

05 Jul 2018
Mumbai July 5 (IANS) Weak sentiments in the benchmark Asian markets subdued the key Indian equity indices on Thursday.
According to market analysts investor sentiments in the Asian markets were eroded due to the ongoing trade war between the US and China.
In the domestic front a weakening rupee against the dollar also weighed on the equity market analysts said adding that heavy selling pressure was witnessed in consumer durables IT and metal stocks.
At 3.30 p.m. the broader Nifty50 of the National Stock Exchange (NSE) provisionally closed at 10 749.75 points lower by 20.15 points or 0.19 per cent from its previous close of 10 769.90 points.
The barometer 30-scrip Sensitive Index (Sensex) which opened at 35 703.17 points closed at 35 574.55 points (3.30 p.m.) down by 70.85 points or 0.20 per cent from its previous session s close of 35 645.40 points.
Sensex has so far touched a high of 35 748.26 points and a low of 35 517.79 points during the intra-day trade. The BSE market breadth was bearish with 1 555 declines and 1 055 advances.
The top gainers on the Sensex were Yes Bank ITC Asian Paints Coal India and Bajaj Auto whereas Infosys Vedanta Tata Steel Tata Motors (DVR) and Reliance Industries were the major losers.
On the NSE Yes Bank Ultratech Cement and ITC were the highest gainers while Infosys Titan and Vedanta lost the most.

--IANS rrb/mag/vm