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Weak global cues pull Indian equities lower (Lead)

Thursday - May 17, 2018 1:04 pm , Category : BUSINESS
 Weak global cues pull Indian equities lower (Lead)
Weak global cues pull Indian equities lower (Lead)
Mumbai May 17 (IANS) The key Indian equity indices traded in the negative territory on Thursday afternoon due to weakness in the global markets along with persistent rise in crude oil prices. The indices had however opened on a positive note.
At 12.30 p.m. the wider 50-scrip Nifty of the National Stock Exchange (NSE) was trading at 10 706.45 points -- down 34.65 points or 0.32 per cent from the previous close of 10 741.10 points.
The barometer Sensex of the BSE which had opened at 35 483.62 points was trading at 35 281.67 points (12.30 p.m.) -- lower by 106.21 points or 0.30 per cent -- from the previous day s close at 35 387.88 points.
The Sensex touched a high of 35 510.01 points and a low of 35 227.77 points in the trade so far.
The BSE market breadth was however tilted towards the bulls with 1 203 advances and 1 168 declines.
So far the major gainers on the BSE were Coal India Tata Motors Wipro Tata Motors (DVR) and Hindustan Unilever while Tata Steel HDFC Dr Reddy s Lab Bharti Airtel and Reliance Industries were the major losers.
On the NSE the top gainers were Gail Coal India and Bharti Infratel. The major losers were Hindalco Industries BPCL and Tata Steel.

--IANS rrb/vm

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