Key Indian equity market indices open flat
Thursday - August 2, 2018 9:28 am ,
Category : BUSINESS
Key Indian equity market indices open flat
Mumbai Aug 2 (IANS) The key Indian equity market indices on Thursday opened flat following a muted trend in Asian markets.
The Sensitive Index (Sensex) of the BSE which had closed at 37 521.62 points on Wednesday opened higher at 37 529.69 points.
Minutes into trading it was quoting at 37 401.86 points down by 119.76 points or 0.32 per cent.
At the National Stock Exchange (NSE) the broader 51-scrip Nifty which had closed at 11 346.20 points on Wednesday was quoting at 11 313.65 points down by 32.55 points or 0.29 per cent.
Ending their week-long rally to fresh record levels the domestic equity indices closed in the negative territory on Wednesday.
Investor sentiments were dampened by a decline in a key manufacturing data and the hike in lending rates by the Reserve Bank of India (RBI).
The RBI on Wednesday again hiked its key lending rate by 25 basis points to bring the repo to 6.50 per cent citing upside risks to inflation.
The Sensex was down by 84.96 points or 0.23 per cent at the Wednesday s closing. In the day s trade the barometer 30-scrip sensitive index had touched a high of 37 711.87 points and a low of 37 432.91 points. The Nifty was down by 10.30 points or 0.09 per cent.
On Thursday Asian indices were showing a negative trend. Japan s Nikkei 225 was quoting in red down by 0.62 per cent while Hang Seng was down by 2.16 per cent. South Korea s Kospi was also down by 1.28 per cent. China s Shanghai Composite index was trading in red down by 2.38 per cent.
Overnight Nasdaq closed in green up by 0.46 per cent while FTSE 100 was down by 1.25 per cent at the closing on Wednesday.
--IANS bdc/ksk
The Sensitive Index (Sensex) of the BSE which had closed at 37 521.62 points on Wednesday opened higher at 37 529.69 points.
Minutes into trading it was quoting at 37 401.86 points down by 119.76 points or 0.32 per cent.
At the National Stock Exchange (NSE) the broader 51-scrip Nifty which had closed at 11 346.20 points on Wednesday was quoting at 11 313.65 points down by 32.55 points or 0.29 per cent.
Ending their week-long rally to fresh record levels the domestic equity indices closed in the negative territory on Wednesday.
Investor sentiments were dampened by a decline in a key manufacturing data and the hike in lending rates by the Reserve Bank of India (RBI).
The RBI on Wednesday again hiked its key lending rate by 25 basis points to bring the repo to 6.50 per cent citing upside risks to inflation.
The Sensex was down by 84.96 points or 0.23 per cent at the Wednesday s closing. In the day s trade the barometer 30-scrip sensitive index had touched a high of 37 711.87 points and a low of 37 432.91 points. The Nifty was down by 10.30 points or 0.09 per cent.
On Thursday Asian indices were showing a negative trend. Japan s Nikkei 225 was quoting in red down by 0.62 per cent while Hang Seng was down by 2.16 per cent. South Korea s Kospi was also down by 1.28 per cent. China s Shanghai Composite index was trading in red down by 2.38 per cent.
Overnight Nasdaq closed in green up by 0.46 per cent while FTSE 100 was down by 1.25 per cent at the closing on Wednesday.
--IANS bdc/ksk
