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Key equity indices trade lower following global cues

IANS  |  Mumbai 

The key Indian equity markets traded marginally lower on Monday afternoon weighed on by heightened geo-political tensions in the Middle East, along with broadly negative cues from the Asian markets.

Healthy buying in and fast moving consumer goods (FMCG) stocks however restricted further losses.

At around 12.58 p.m., the NSE Nifty50 was down 9.50 points or 0.09 per cent to trade at 10,471.10 points.

The barometer 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 33,944.73 points, traded at 34,147.31 points (12.58 p.m.) -- down 45.34 points or 0.13 per cent from its previous session's close.

The Sensex touched a high of 34,169.29 points and a low of 33,899.34 points during the intra-day trade so far.

The market breadth was bearish with 1,445 declines and 982 advances.

"Sensex and NSE's Nifty 50 opened lower on Monday amid geopolitical tensions over and trade war concerns," said Dhruv Desai, of

On Friday, both the indices ended in the green due to healthy macro-economic data, along with robust buying in metals, IT and stocks.

The wider Nifty50 closed higher by 41.50 points or 0.40 per cent to 10,458.65 points, while the Sensex closed at 34,192.65 points, up 91.52 points or 0.27 per cent.

The major gainers on the on Monday so far were Asian Paints, Mahindra and Mahindra, HDFC, and ITC, while (DVR), Tata Motors, Infosys, Tata Steel, were among the main losers.

On the NSE, the top gainers were Cipla, and Lupin, while the top losers were Tata Motors, and Vedanta.

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, April 16 2018. 13:14 IST
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