INSUBCONTINENT EXCLUSIVE:
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
Pacific shares outside Japan last seen trading down 0.27 per cent
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"
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
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 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
stock markets are likely to open lower, a day after the S-P BSE Sensex clocked a record closing high