INSUBCONTINENT EXCLUSIVE:
Domestic stock markets started Friday's session on a weak note, a day after the Reserve Bank of India announced a cut in the repo rate
while adopting an "accommodative" stance
The SP BSE Sensex index fell as much as 250.25 points in early trade to 39,279.47, and the NSE Nifty moved to 11,769.50, down 74.25 points
the time were Dr Reddy's Laboratories, Cipla, Sun Pharma, IndusInd Bank, Maruti Suzuki and Kotak Bank, trading between 1.34 per cent and
2.80 per cent lower.HDFC Bank, Reliance Industries and HDFC were the top drags on Sensex.The Reserve Bank of India's Monetary Policy
Committee (MPC), led by Governor Shaktikanta Das, on Thursday unanimously lowered the key lending rate to 5.75 per cent, a level last seen
non-executive director for a period of five years from July 31
The company's board also approved the appointment of his son and whole-time director Rishad Premji as the new executive chairman.The
Sensex and Nifty had ended 1.38 per cent and 1.48 per cent lower on Thursday respectively, marking their biggest single-day fall of the
E-Mini futures for the SP 500 were mostly flat.Mexican and US officials had held a second day of talks on trade and migration on Thursday
jobs report that could sway the course of interest rates in the world's largest economy.Overnight in the US, the Dow, the SP 500 and the
Nasdaq ended 0.71 per cent, 0.61 per cent and 0.53 per cent higher respectively.(With inputs from Reuters)
