Today BSE Sensex: The index opened 23.18 points lower at 40,630.56 on FridayDomestic stock markets started Friday's session on a lower note amid weakness in Asian peers, a day after the S-P BSE Sensex clocked a record closing high.
The S-P BSE Sensex index fell as much as150.07 points to hit 40,503.67 on the downside, and the broader NSE Nifty moved to as low as 11,966.50, down 45.55 points from the previous close.Equities in other Asian markets moved lower with MSCI's broadest index of Asia Pacific shares outside Japan last seen trading down 0.27 per cent.
Japan's Nikkei 225 index however was up0.09 per cent at the time.Credit ratings agency Moody's changed its outlook on India's ratings to "negative" from "stable", citing increasing risks that the country's economic growth will remain lower than in the past.
The government however said India continues to be among the fastest growing major economies in the world and the country's "relative standing remains unaffected".
(Track LIVE Stock Market Movement Here)On Thursday, the Sensex had ended183.96 points - or 0.45 per cent - higher at40,653.74 and the Nifty settled up 46.00 points (0.38 per cent) at12,012.05.Sensex Falls Over 200 Points, Nifty Slips Below 11,950The Sensex fell as much as 201.48 points to hit 40,452.26 on the downside, and the Nifty declined to as low as 11,948.50, down 63.55 points from the previous close.
Losses in energy, consumer goods and pharma stocks outweighed gains in banking and auto shares.The NSE's India VIX index - which measures the market's expectation of volatility in the near term - rose as much as 4.37 per cent.Sensex Opens 23 Points Lower, Nifty Starts Day At 11,987The Sensex opened 23.18 points lower at 40,630.56 and the Nifty started the session at 11,987.15, down 24.9points from the previous close.Sensex, Nifty Down In Pre-Open MarketThe S-P BSE Sensex index fell as much as 50.87 points to 40,602.87 in the pre-opening session.
At 9:07 am, the Sensex was down 23.18 points - or 0.06 per cent - at 40,630.56 while the Nifty was down 24.60 points - or 0.20 per cent - at 11,987.45.On Thursday, the Sensex had ended 183.96 points - or 0.45 per cent - higher at 40,653.74 and the Nifty settled up 46.00 points (0.38 per cent) at 12,012.05.Moody's Lowers India Outlook Citing Increasing Growth RisksMoody's Investors Service on Thursday changed its outlook on India's ratings to "negative" from "stable", citing increasing risks that the country's economic growth will remain lower than in the past.The outlook partly reflects government and policy ineffectiveness in addressing economic weakness, which led to an increase in debt burden from already high levels, the ratings agency said.Asian Share Markets Move LowerEquities in other Asian markets moved lower with MSCI's broadest index of Asia Pacific shares outside Japan last seen trading down 0.27 per cent.
Japan's Nikkei 225 index however was up0.09 per cent at the time.SGX Nifty Futures Indicate Lower Opening For Domestic MarketsDomestic stock markets are likely to open lower, a day after the S-P BSE Sensex clocked a record closing high.
At 8:36 am, the Singapore Exchange (SGX) Nifty futures traded64.00 points - or 0.53 per cent - lower at11,994.50, after sliding to as low as11,990.00 earlier in the session.The SGX Nifty futures are an early indicator of the National Stock Exchange (NSE) Nifty index in India.