Sensex losses narrow, more Q4 earnings data due

Image
Press Trust of India Mumbai
Last Updated : Apr 17 2017 | 12:07 PM IST
Benchmark indices hovered around the base level after a decidedly weak start amid lower Asian cues today as investors braced for more quarterly numbers.
Broader markets were ahead, with mid-cap and small-cap firming up.
The breadth -- an indicator of overall health of the market -- was strong.
A higher opening saw the Sensex move between 29,490.26 and 29.363.28, before hitting 29,429.24 at 1132 hours, a slight fall of 32.21 points, or 0.11 per cent.
The NSE 50-share Nifty ruled flat too with a negative bias at 9,138.90, down 11.90 points, or 0.13 per cent at 1132 hours.
Sun Pharma plunged 1.68 per cent, Asian Paints 1.17 per cent and NTPC 1.03 per cent.
Notable gainers were Dr Reddy's 2.28 per cent, GAIL 1.61 per cent, PowerGrid 1.23 per cent and HDFC 1.05 per cent.
Foreign portfolio investors (FPIs) net sold shares worth Rs 407.88 crore last Thursday, as per provisional data. Domestic institutional investors (DIIs) bought shares worth net Rs 65.43 crore previously.
Globally, Asian stocks were trading lower over the brewing conflict over Syria, Afghanistan and Korean Peninsula.
Markets in Australia, New Zealand and Hong Kong are closed. Most European exchanges are also shut for Easter Monday.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 17 2017 | 12:07 PM IST

Next Story