INSUBCONTINENT EXCLUSIVE:
Maruti Suzuki and Tata Motors were the top percentage losers on both the benchmark indexes
Domestic
stock markets started Friday's session on a lower note amid a mixed trend in Asian peers
The S-P BSE Sensex index fell as much as 224.63 points to 39,377.00 and the NSE Nifty moved to 11,768.85, down 62.9 points from the previous
A selloff across sectors - led by automobile and pharma stocks - dragged the markets lower
At 9:42 am, the Sensex traded 158.01 points - or 0.40 per cent - lower at 39,443.62 while the Nifty was down 36.75 points - or 0.31 per cent
50-scrip index at the time were Yes Bank, Indiabulls Housing Finance, Maruti Suzuki India, Tata Motors and Zee Entertainment, trading
between 1.79 per cent and 3.10 per cent lower.Reliance Industries, HDFC and Maruti Suzuki India weighed the most on the Sensex.The Nifty
other Asian markets struggled to follow Wall Street's euphoria about a possible US rate cut next month as anxiety over China-US trade
declined 0.3 per cent and Japan's Nikkei shed 0.2 per cent amid the yen's big surge.Also tempering appetite in Asia were fresh worries
about the Middle East, after Iran shot down a US military drone, raising fears of a military confrontation between Tehran and Washington and
pushing the crude oil price higher.The S-P 500 hit a record high on Thursday after this week's Federal Reserve meeting boosted
expectations that the central bank will cut interest rates as soon as next month to keep the US-China trade war from stalling economic
