Equities trade lower in early session, Nifty around 11,900

ANI
12 Jun 2019, 10:48 GMT+10

Mumbai (Maharashtra) [India], June 12 (ANI): Equity benchmark indices traded lower during early hours on Wednesday tracking muted global cues ahead of the release of key macroeconomic data on industrial growth and inflation.

At 10:15 am, the BSE SP Sensex was down 205 points at 39,746 while the Nifty 50 slipped 63 points to 11,903. Except for metal and media, all sectoral indices at the National Stock Exchange were in the red.

Among stocks, Indiabulls Housing Finance dropped 5.9 per cent while Yes Bank was down 2.8 per cent. The other prominent losers were Bajaj Auto, Bharti Infratel and Tata Consultancy Services.

However, mining major Vedanta, GAIL, Tata Steel, JSW Steel and Sun Pharma showed marginal gains.

Meanwhile, Asian shares were mixed. Stocks declined in Hong Kong and were flat in South Korea and Japan as investors remained in a wary mood.

A day earlier, US President Donald Trump said he will personally hold up a trade deal with China and will not complete the agreement unless Beijing returns to terms negotiated earlier in the year.

(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 Greek Herald.

More Information

null in null

International Business

Section

US, Canadian farmers face rising fertilizer costs amid trade tensions

US, Canadian farmers face soaring fertilizer prices amid Trump tariffs

WINNIPEG, Manitoba: Farmers in the U.S. and Canada are bracing for soaring fertilizer prices as trade tensions escalate between the...

Iran condemns US strikes on Yemen

Washington has threatened additional attacks on the country, including on alleged Iranian assets ...

HUDCO extends Rs 11,000 crore loan to CRDA for construction of Andhra state capital

Amaravathi (Andhra Pradesh) [India], March 16 (ANI): In a significant development, the Housing and Urban Development Corporation (HUDCO)...

Trump worse than Covid deputy ECB chief

The new US administration has created more uncertainty than the pandemic, the European Central Bank vice president has claimed Washington...

"Tragedy of unimaginable magnitude": PM Modi on Godhra train burning

New Delhi [India], March 16 (ANI): Interacting with renowned podcaster Lex Fridman, Prime Minister Narendra Modi on Sunday spoke about...

Air India Express to operate 40 weekly flights from Hindon in Ghaziabad, connecting these five cities

New Delhi [India], March 16 (ANI): Air India Express will operate 40 weekly flights from Hindon Airport, directly connecting five key...

Mediterranean

Section