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

Mon, 14 Oct 2019

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 India Gazette.

More Information

Business

Section

Boeing and Porsche eye premium aerial vehicles

STUTTGART, Germany - Porsche and Boeing have teamed up to explore the premium urban air mobility market and the extension ...

Dubai developer slashes returns to hotel investors

DUBAI, UAE - Dubai's largest property developer Emaar is slashing returns to investors who have bought apartments in their hotel ...

ADB issues $3 billion 5-year global benchmark bond issue

MANILA, Philippines - The Asian Development Bank (ADB) has raised $3 billion through a 5-year global benchmark bond issue.It is ...

Rollout implications of 5G technologies in Ireland reviewed

DUBLIN, Ireland - Ireland's Mobile Phone and Broadband Taskforce held its third National Stakeholder Forum on Friday. The Taskforce was ...

Breakthrough in trade talks buoy Wall Street, Dow jumps 320 points

NEW YORK, New York - A surprise partial trade deal struck between China and the United States ignited Wall Street ...

Dubai cops hit as tallest residential tower in world goes bust

DUBAI, UAE - What was once billed as the world's highest residential tower has gone bust, leaving banks, and investors ...

Delhi

Section

New Delhi: Crime Branch arrests three men for plotting murder

New Delhi [India], Oct 14 (ANI): The Anti Human Trafficking Unit (AHTU) of Crime Branch, Delhi, has arrested three men ...

Dutch King and Queen arrive in India for state visit

New Delhi [India], Oct 14 (ANI): The King of The Netherlands, Willem-Alexander and Queen Maxima arrived in India on Sunday ...

Stubble burning continues in Amritsar despite ban

Amritsar (Punjab) [India], Oct 14 (ANI): Though stubble burning is banned in Punjab, several farmers in Amritsar continue to burn ...

Sourav Ganguly set to be new BCCI President: Sources

New Delhi [India], Oct 14 (ANI): Former Indian Cricket Captain Sourav Ganguly is likely to become the new President of ...

Shah Rukh Khan poses with Jackie Chan, Jean-Claude Van Damme

New Delhi (India), Oct 13 (ANI): Look whom megastar Shah Rukh Khan found at the special forum in Saudi Arabia. ...

Kiren Rijiju lauds Lakshya Sen for winning Dutch Open

New Delhi [India], Oct 13 (ANI): Union Minister for Youth Affairs and Sports Kiren Rijiju has lauded shuttler Lakshya Sen ...

Movie Review

Alien: Covenant