INSUBCONTINENT EXCLUSIVE:
Reliance Industries, ICICI Bank, HCL Tech and Infosys lost around 1 percent each on BSEThe standard indices have actually shaved off more
than half a per cent in early trading on the back of not-so-encouraging hints from the global front
Wall Street ended sharply lower on Friday as investors weighed indications of greater inflation and Asian shares have actually made a
protected start to the week
At 10:10 am, the BSE Sensex was trading at 57,966.45, lower by 348.11 points or 0.60 per cent and the NSE Nifty was at 17,271.55, down 98.95
The broader markets are trading combined; the BSE Midcap index has lost 0.3 per cent, while the BSE Smallcap index is trading definitely
Select infotech and banking stock are witnessing selling pressure, while auto stocks are bucking the weak trend.In Asia, SCI's broadest
index of Asia-Pacific shares outside Japan reduced 0.1 per cent, after bouncing on Friday
Japanese shares have been on a tear as expect fresh stimulus from a brand-new Prime Minister saw the Nikkei surge 4.3 per cent recently
The Topix has actually currently scaled that peak, while the Nikkei turned reluctant early on Monday.Wall Street ended greatly lower on
Friday, with Apple Inc tumbling following an unfavorable court ruling related to its app shop
The Dow Jones fell 0.78 per cent, while the S&P 500 lost 0.77 percent and Nasdaq Composite dropped 0.87 per cent.On the stock-specific
front, index heavyweights Reliance Industries and ICICI Bank have lost more than per cent to top the loser's list on the BSE
Select IT stocks are also trading weak; HCL Tech, Infosys and Tech Mahindra have actually lost around a per cent each to emerge as the other
considerable losers in the BSE pack
On the other hand, HDFC, Maruti Suzuki and Bajaj Car have actually acquired upto a percent each on the BSE.The BSE market breadth is
Out of 2,824 stocks traded on the BSE, there are 1437 advancing stocks as against 1220 decreases.
