New Document top_band
 
Business Standard

Markets open on a flat note following muted global cues

FMCG and Metal names among the top losers in the opening trades, Health Care bucks trend

Read more on:    Markets | Sensex | Nifty
Related News

After a flat opening with a negative bias, edged higher on account of buying in Oil& Gas majors like Reliance Industries and ONGC. At 0945 hrs, the was up 21 points at 19,346 and the added two points at 5,855.

U.S. stocks fell for a second straight day on Thursday and the S&P 500 posted its worst two-day loss since November after reports cast doubt over the health of the U.S. and euro-zone economies.

In Europe, business activity indexes dealt a blow to hopes that the euro zone might emerge from recession soon, showing the downturn across the region's businesses unexpectedly grew worse this month.

The Dow Jones industrial average fell 0.34 percent, to 13,881 at the close. The Standard & Poor's 500 Index lost 0.63 percent, to 1,502. The Nasdaq Composite Index dropped 1.04 percent, to close at 3,131.

Asian shares edged higher on Friday, recouping the previous day's steep losses, as investors reassessed the Federal Reserve's commitment to its current accommodative policy while weak U.S. and European data clouded growth prospects, limiting gains.

Among the sectoral indices, FMCG and Metal indies started in the red, losing 0.1% each. All the others were in the green with Health Care leading gains, up 1.5%.

Read more on:   
|
|

Read More

HDFC tumbles after Goldman Sachs downgrade to 'sell'

HDFC tumbles after Goldman Sachs downgrade to 'sell'

Quick Links

 

Market News

Stock picking by institutional investors

India's benchmark indices rose about 14 per cent during the April-June period, the best quarterly gain since September 2009. Foreign investors ...

Today's Picks - 31 July 2014

Nifty, Bank Nifty, Cipla, ntpc & HCL Tech

Offshore India funds, ETFs see $294-million inflows in Apr-Jun

There was an outflow of $1 billion during the quarter and a net infusion of $1.29 billion into offshore funds and ETFs

F&O expiry: Nifty ends 70 points lower at 7,721

Markets ended lower following expiry of July F&O contracts and sales by foreign funds

Five takeaways from HCL Technologies numbers

What the profit numbers do not reflect, however, is the huge order wins by the company during the quarter

Back to Top