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MARKETS ON FRIDAY: Sensex ends flat, Nifty holds 10,300; PSU banks gain

All that happened in the markets on Friday

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Markets

SI Reporter  |  New Delhi 

Benchmark indices ended flat on Friday, as investors remained cautious after sentiment soured on renewed fears of a trade war after US President Donald Trump proposed more tariffs on China. The S&P BSE Sensex ended at 33,627, up 30 points while the broader Nifty50 index settled at 10,331, up 6 points. Trump said on Thursday that he had directed US trade officials to identify tariffs on $100 billion worth additional Chinese imports, escalating the dispute between the world’s two largest economies. Asia shares ex-Japan slipped 0.13 per cent, while US ...

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MARKETS ON FRIDAY: Sensex ends flat, Nifty holds 10,300; PSU banks gain

Nifty PSU Bank ends 0.90% up. Top gainers: COMPANY LATEST PREV CLOSE GAIN() GAIN(%) PUNJAB NATL.BANK 102.15 97.00 5.15 5.31 ALLAHABAD BANK 53.50 51.70 1.80 3.48 ANDHRA BANK 45.40 44.20 1.20 2.71 ORIENTAL BANK 98.90 97.05 1.85 1.91 BANK OF INDIA 113.10 111.10 2.00 1.80

MARKETS ON FRIDAY: Sensex ends flat, Nifty holds 10,300; PSU banks gain

Nifty Pharma ends 1.35% higher. Top gainers: COMPANY LATEST PREV CLOSE GAIN() GAIN(%) PIRAMAL ENTERP. 2663.90 2540.40 123.50 4.86 AUROBINDO PHARMA 619.40 599.15 20.25 3.38 LUPIN 809.05 786.70 22.35 2.84 GLENMARK PHARMA. 563.60 556.55 7.05 1.27 SUN PHARMA.INDS. 512.60 507.55 5.05 0.99

MARKETS ON FRIDAY: Sensex ends flat, Nifty holds 10,300; PSU banks gain

BSE Sensex gainers and losers of the day

MARKETS ON FRIDAY: Sensex ends flat, Nifty holds 10,300; PSU banks gain

Market at close   The S&P BSE Sensex ended at 33,627, up 30 points while the broader Nifty50 index settled at 10,331, up 6 points.

MARKETS ON FRIDAY: Sensex ends flat, Nifty holds 10,300; PSU banks gain

News Watch RCom gets tribunal nod for tower, fibre business sale Reliance Communications Ltd (RCom) said on Friday it received the National Company Law Appellate Tribunal's (NCLAT) approval to proceed with the sale of its tower and fibre business. READ MORE Impact on stock:

MARKETS ON FRIDAY: Sensex ends flat, Nifty holds 10,300; PSU banks gain

Gold hits over two-week low as dollar firms ahead of US jobs data Gold prices hit over two-week lows on Friday, ahead of the US payrolls data later in the day, weighed down by a firmer dollar even as President Donald Trump re-ignited trade war fears by proposing $100 billion in new tariffs on China. READ MORE

MARKETS ON FRIDAY: Sensex ends flat, Nifty holds 10,300; PSU banks gain

PSU Bank extends gain; PNB, Allahabad Bank up 3% Shares of public sector bank were in focus for the second straight day with Nifty PSU Bank index nearly 1%, extending its Thursday’s 5% surge, after the Reserve Bank of India (RBI) maintained status quo on the key short-term borrowing rate in its first bi-monthly monetary policy for the financial year 2018-19 (FY19) on Thursday.   Punjab National Bank (PNB), Allahabad Bank, Oriental Bank of Commerce, Bank of Baroda, Union Bank of India, Bank of India and Canara Bank were up in the range of 1% to 4% on the National Stock Exchange (NSE). READ MORE

MARKETS ON FRIDAY: Sensex ends flat, Nifty holds 10,300; PSU banks gain

Crude update Oil prices fell after US President Donald Trump's threat of new tariffs on China reignited fears of a trade war between the world's two biggest economies.   President Trump said on Thursday he had ordered US trade officials to consider tariffs on USD 100 billion more of imports from China, escalating tensions with Beijing.   Brent crude for June delivery was down 0.5 per cent, at $67.99 per barrel while US West Texas Intermediate crude for May delivery was down 0.5 per cent, at $63.22 a barrel.

MARKETS ON FRIDAY: Sensex ends flat, Nifty holds 10,300; PSU banks gain

Earnings   Samsung Electronics Co. reported higher-than-projected profit as demand for its memory chips remained strong enough to outweigh concerns about display supplies to Apple Inc.   Operating income rose to 15.6 trillion won ($14.7 billion) in the three months ended March, according to preliminary results released Friday from the Suwon, South Korea-based company. That compares with the 14.5 trillion-won average of analysts’ estimates compiled by Bloomberg. READ MORE

MARKETS ON FRIDAY: Sensex ends flat, Nifty holds 10,300; PSU banks gain

Market Check   S&P BSE Sensex 33,550.62 -0.14%   Nifty 50 10,301.45 -0.23%   S&P BSE 200 4,537.33 -0.02%   Nifty 500 9,137.35 -0.10%   S&P BSE Mid-Cap 16,516.36 0.16%   S&P BSE Small-Cap 17,820.61 0.26%

MARKETS ON FRIDAY: Sensex ends flat, Nifty holds 10,300; PSU banks gain

EOW attaches 3 accounts of 63 Moon Technologies with Rs 4.8 billion funds The city police's economic offences wing (EOW) has, as part of its ongoing probe into the National Spot Exchange (NSEL) payments scam, attached three bank accounts of that bourse’s parent entity, 63 Moons Technologies (earlier known as FTIL). Sources said this was to enforce a notification in this regard of the Maharashtra government. The money in question is about Rs 4.8 billion. READ MORE

First Published: Fri, April 06 2018. 15:30 IST
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MARKETS ON FRIDAY: Sensex ends flat, Nifty holds 10,300; PSU banks gain

All that happened in the markets on Friday

Benchmark indices ended flat on Friday, as investors remained cautious after sentiment soured on renewed fears of a trade war after US President Donald Trump proposed more tariffs on China. The S&P BSE Sensex ended at 33,627, up 30 points while the broader Nifty50 index settled at 10,331, up 6 points. Trump said on Thursday that he had directed US trade officials to identify tariffs on $100 billion worth additional Chinese imports, escalating the dispute between the world’s two largest economies. Asia shares ex-Japan slipped 0.13 per cent, while US ...

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