INSUBCONTINENT EXCLUSIVE:
Share market updates: Top laggards on the 50-scrip index included Mahindra Mahindra and ONGCDomestic stock markets continue to trade on a
lacklustre note tracking weakness in Asian peers amid trade war concerns
The Sensex declined as much as 237 points to hit 36,309 in morning deals while the Nifty touched 10,857, down 86 points from the previous
Weakness in auto, pharma and energy stocks dragged the markets lower however advances in IT and media stocks kept the downside in check
Top laggards on the 50-scrip index at the time were Dr Reddy's Laboratories, Hindalco Industries, Vedanta, Mahindra Mahindra, ONGC and
The Nifty Auto index - comprising automobile stocks - shed as much as 1.7 per cent
Prominent losers in the sector included Eicher Motors and Ashok Leyland
Hero MotoCorp declined as much as 4.6 per cent.4
The government is due to release consumer inflation data for the month of January on Tuesday
According to a poll of 30 economists by news agency Reuters before last week's RBI meeting, consumer price inflation likely accelerated to
If the projection comes true, that would mark the sixth straight month in which inflation stood below the central bank's medium-term
On the other hand, buying in IT stocks provided some support to the markets
after they resumed trading following a week-long Lunar New Year holiday
The blue-chip index was last up 0.4 per cent, Australian stocks were down 0.6 per cent while South Korea eased 0.2 per cent.8
That left MSCI's broadest index of Asia-Pacific shares outside Japan off 0.1 per cent after it was toppled from a four-month top on Friday
Trading volumes are expected to be light with Japan on public holiday.9
Investors are now looking ahead to trade talks this week with a delegation of US officials travelling to China for the next round of
