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All sectoral indices on BSE slide

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The S&P BSE Realty, the S&P BSE Healthcare and the S&P BSE Capital Goods indices were the major losers among the sectoral indices.

Key benchmark indices were trading lower in early trade amid negative Asian cues. The barometer index, the S&P BSE Sensex, was down 235.35 points or 0.66% at 35,234.80. The Nifty 50 index was down 52.95 points or 0.50% at 10,610.55.

Among the sectoral indices on BSE, the S&P BSE Realty index (down 1.68%), the S&P BSE Power index (down 1.36%), the S&P BSE Oil & Gas (down 0.48%), the S&P BSE Metal index (down 1.17%), the S&P BSE Capital Goods index (down 1.57%), the S&P BSE Healthcare index (down 1.73%), the S&P BSE FMCG index (down 1.1%), the S&P BSE Consumer Durables index (down 1.29%), the S&P BSE Bankex index (down 1.37%), the S&P BSE Auto index (down 1.34%), the S&P BSE TECK index (down 1.35%) and the S&P BSE IT index (down 1.42%) edged lower.

Overseas, most Asian shares were trading lower. US stock indices booked their worst trading session on the eve of Christmas in a holiday-shortened session. A fresh source of anxiety was a tweet from Treasury Secretary Steven Mnuchin that he had spoken with the CEOs of the country's six biggest banks to assess the health of the banking system. That raised some questions about liquidity among those institutions, a concern that previously had not existed. Treasury officials reportedly insist that the calls to bank executives was just a routine checkup.

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

First Published: Wed, December 26 2018. 09:45 IST
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