INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Domestic equity market opened with a minor cut on Thursday ahead of the expiry of December futures and options contracts
Lack of clarity on the US-China trade deal is also keeping traders on the sidelines
Meanwhile, foreign portfolio investors (FPIs) turned sellers for the first time since December 13 on Tuesday
In the last eight sessions, they have poured over Rs 6,000 crore into domestic equities.
BSE benchmark Sensex was at 41,414, down 46.79
points while its NSE counterpart Nifty was down 7.75 points at 12,206 at around 9.35 am
However, they soon recouped losses to trade flat
Broader market indices were trading in the green
Nifty Midcap was up 0.09 per cent at 16,866 and Nifty Smallcap was up 0.24 per cent at 5,693.
Sectoral indices were trading on a mixed note
with NSE Pharma, Media and PSU bank shedding up to 0.34 per cet
Meanwhile, Auto FMCG and IT trading with marginal gains.
In the Sensex kitty of stocks, M-M was the biggest gainer, up 1.24 per cent at Rs
It was followed by Tata Steel that gained 0.65 per cent to Rs 465.90 in early trade
Bharti Airtel, on the other hand, was down 0.61 per cent at Rs 454.55 and ONGC slipped 0.6 per cent to Rs 125.25.
Among off the main board
stocks, Infibeam Avenue jumped 15.34 per cent to Rs 53.75
Dishman Carbogen Amcis gained 10 per cent to Rs 78.95 after the company said I-T search of its premises was conducted successfully
It added that it has extended full co-operation to the officials during the search and provided all the information sought.
Globally,
financial markets in Australia, Hong Kong and New Zealand are closed on Thursday for a public holiday.
In Japan, the benchmark Nikkei 225
index rose 0.62 per cent or 146.57 points to 23,929.44 in early trade, while the broader Topix index rose 0.48 percent or 8.22 points at
Korean Kospi rose 2.16 points, or 0.10 per cent, to 2,192.24,
