Stocks trade volatile amid weak global cues, Yes Bank tumbles by 8 pc

ANI
09 Oct 2019, 14:55 GMT+10

Mumbai (Maharashtra) [India], Oct 9 (ANI): Equity indices were largely flat amid volatile trading during early hours on Wednesday following weak global cues.

At 10:15 am, the BSE SP Sensex was down by 46 points at 37,486 while the Nifty 50 edged lower by 13 points to 11,113. At the National Stock Exchange, most sectoral indices were in the negative zone except for auto, financial services and realty.

Among stocks, Yes Bank was down by 8 per cent at Rs 42 per share after gaining for two straight sessions. Titan, Zee Entertainment, HCL Technologies and ONGC too were in the red.

However, UltraTech Cement, Kotak Mahindra Bank, LarsenToubro, MahindraMahindra and ICICI Bank showed marginal gains.

Meanwhile, Asian markets were sharply lower as US-China trade frictions persisted even as officials from the two countries meet this week to work out a deal.

MSCI's broadest index of Asia Pacific shares outside Japan was down by 0.44 per cent. Chinese shares fell by 0.47 per cent while Japan's Nikkei slid by 0.7 per cent in its biggest decline over a week.

Hong Kong shares fell by 0.52 per cent due to persistent worries about the often violent protest against China's rule of the former British colony.

(ANI)

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Switzerland Times.

More Information

11 ℃

Mostly Cloudy in Bern

Europe Business

Section

Countries, organizations pledge support for global vaccine accessibility

A staff member tests samples of the COVID-19 inactivated vaccine at a vaccine production plant of China National Pharmaceutical Group ...

Vital signs. Remembering Alberto Alesina, the father of political economy

Harvard University's Alberto Alesina died suddenly of a heart attack on May 23.He was 63.His long-time colleague and friend Larry ...

Global leaders discuss sustainable development amid COVID-19 crisis

By Joymala BagchiNew Delhi [India], June 5 (ANI): India has voluntarily set out ambitious targets through Nationally Determined Contributions (NDCs) ...