INSUBCONTINENT EXCLUSIVE:
Sensex, Nifty LIVE updates: Gains in consumer good stocks led by ITC led the recovery in marketsDomestic stock markets recovered early
losses to clock mild gains on Friday morning amid weakness in Asian peers on global growth concerns
292.58 points from that level to touch 39,107.37 on the upside
Gains in financial and consumer goods stocks outweighed losses in automobile and metal shares
at the day's lowest level.Consumer Goods Stocks Provide Support To MarketsLosses in auto and metal shares dragged the markets lower
however gains in consumer goods shares provided some support
Realty-1.49%Nifty Metal-1.03%Nifty Auto-1.02%Nifty Pharma-0.88%Nifty Media-0.42%Nifty Private Bank-0.23%Nifty IT-0.14%Nifty Bank-0.04%Nifty
PSU Bank0%Nifty Financial Services0.35%Nifty Fast Moving Consumer Goods0.48%Sensex, Nifty Turn Flat Amid High VolatilityThe session was
marked with high volatility with the NSE's India VIX index rising as much as 2.91 per cent
The India VIX index gauges the market's expectation of volatility over the near term
Market breadth was largely neutral, with an advance-decline ratio of about 1:1
On the BSE, 778 stocks traded higher while 681 moved lower
as 281.22 points from the lowest level touched in first few minutes of trade to hit 39,096.01 on the upside
111.66 points - or 0.29 per cent - lower at 38,878.08 while the Nifty was down 35.85 points - or 0.31 per cent - at 11,535.35
Top laggards on the 50-scrip index at the time were Yes Bank, Tata Motors, Nestle, Tata Steel and GAIL, trading between 1.86 per cent and
Mixed NoteThe S-P BSE Sensex index opened 13.39 points - or 0.03 per cent - higher at 39,003.13, whereas the broader NSE Nifty benchmark
started the day at 11,556.35, down 14.85 points - or 0.13 per cent - from the previous close.On Thursday, the Sensex and Nifty had ended
1.03 per cent and 1.15 per cent higher respectively, amid buying across sectors barring IT stocks.Sensex, Nifty Mixed In Pre-Open MarketIn
the pre-opening session, the Sensex added as much as 156.83 points to touch 39,146.57 on the upside, before declining as much as 292.79
points from that level to 38,853.78
At 9:06 am, the Sensex was up 25.31 points - or 0.06 per cent - at 39,015.05 whereas the Nifty was down 19.35 points - or 0.17 per cent - at
11,551.85.There Is No Liquidity Crisis, Says Finance Minister Nirmala Sitharaman There are no liquidity-related problems being faced by
private sector banks and non-banking financial companies (NBFCs), Finance Minister Nirmala Sitharaman said on Thursday after meeting
Finance Minister said at a press conference
Her meeting with the banking industry comes within a month of the government announcing a slew of measures to revive the economy.Asian
Stocks Down, On Course For Weekly LossShares in other Asian markets declined, with MSCI's broadest index of Asia-Pacific shares outside
the release of a whistleblower complaint against US President Donald Trump heightened uncertainties about the global economy, already
reeling from the China-US trade war
MSCI's broadest index of Asia-Pacific shares barring Japan has declined 1.4 per cent so far this week.SGX Nifty Futures Indicate Lower
Opening For Domestic MarketsDomestic stock markets are likely to start Friday's session on a lower note, amid weakness in Asian peers amid
