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BREAKING NEWS

Equity indices fall on weak global cues, trade war concerns (Lead)

28 Jun 2018
Mumbai June 28 (IANS) The key Indian equity indices traded lower in the afternoon session on Thursday tracking weak global markets.
Globally investor sentiments were weighed down in the ongoing trade war concerns among major economies.
In the domestic indices heavy selling pressure was witnessed on consumer durables banking and capital goods stocks.
At 12.35 p.m. the wider Nifty50 of the National Stock Exchange (NSE) traded at 10 629.95 points down 41.45 points or 0.39 per cent from the previous close of 10 671.40 points.
Similarly the barometer 30-scrip Sensitive Index (Sensex) of the BSE which had opened at 35207.19 points traded at 35 142.85 points (12.36 p.m.) -- down 74.26 points or 0.21 per cent -- from its previous session s close of 35 217.11 points.
The Sensex has so far touched an intra-day high of 35 282.40 and a low of 35 090.60 points. The BSE market breadth was bearish so far with 1 667 declines and 696 advances.
The top gainers on the Sensex were Mahindra and Mahindra (M&M) Infosys Tata Steel Axis Bank and ONGC whereas Coal India ICICI Bank Power Grid HDFC and Yes Bank were the major losers.
On the NSE M&M Infosys and Tata Steel were the highest gainers while Tech Mahindra Titan and Gail lost the most.

--IANS rrb/mr