ADD ANI AS A TRUSTED SOURCE
googleads
ANI Logo
Menu
Business

Equities flat in choppy session, Sun Pharma loses by 3.8 pc

Mumbai (Maharashtra) [India], Sep 4 (ANI): Equity benchmark indices were flat in a choppy trading session during early hours on Wednesday tracking subdued global cues.

ANI Sep 04, 2019 10:22 IST googleads

Traders said the market could be largely driven by global trends

Mumbai (Maharashtra) [India], Sep 4 (ANI): Equity benchmark indices were flat in a choppy trading session during early hours on Wednesday tracking subdued global cues.
At 10:15 am, the BSE S&P Sensex was up by 50 points at 36,613 while the Nifty 50 edged lower by 11 points to 10,809.
At the National Stock Exchange, sectoral indices were mixed. Nifty pharma was down by 1.4 per cent. Auto, financial services, banks, media and realty too were in the red while FMCG, IT and metal witnessed marginal gains.
Traders said that due to lack of major domestic triggers, the market could be largely driven by global trends.
Among stocks, Sun Pharma slipped by 3.8 per cent to Rs 422.30 per share while IndusInd Bank was down by 2.5 per cent. Zee Entertainment, Tata Motors, Titan, Eicher Motors, Maruti and Reliance Industries showed some losses.
However, Bharti Infratel gained by 1.5 per cent while Vedanta was up by 1.4 per cent. State Bank of India, Indian Oil Corporation and Bharti Airtel showed marginal gains.
Meanwhile, Asian stocks bounced led by Chinese markets after a report showed growth in the country's service sector accelerating despite broader economic headwinds.
The Shanghai Composite Index added 0.45 per cent while MSCI's index of Asia-Pacific shares outside Japan gained 0.5 per cent. But sentiment in the wider region remained subdued amid worries about a global recession.
(ANI)

Get the App

What to Read Next

Business

India market "relatively resilient" compared to its Asian peers

India market

The deepening conflict in West Asia has placed the Indian economy and the broader Asian region in the "eye of the storm," as supply chain disruptions and surging energy costs threaten to trigger a significant negative growth shock.

Read More
Business

West Asia conflict continues to weigh down India's stock indices

West Asia conflict continues to weigh down India's stock indices

Indian stock markets settled in the red on Thursday as escalating tensions in West Asia and again a sharp rise in crude oil prices weighed on investor sentiment.

Read More
Business

Nifty down 250 pts, Sensex lost 800 pts in opening as crude surge

Nifty down 250 pts, Sensex lost 800 pts in opening as crude surge

Indian stock markets opened in the red on Thursday as escalating tensions in West Asia and again a sharp rise in crude oil prices weighed on investor sentiment.

Read More
Business

Oil Marketing Companies to ration LPG supplies amid West Asia con

Oil Marketing Companies to ration LPG supplies amid West Asia con

Due to the current West Asia geopolitical situation and blockade on LPG imports, available supplies are being carefully rationed to ensure wider coverage, with domestic households being the top priority. The three major state-run oil marketing companies (OMCs) have initiated a judicial distribution strategy to manage the available Liquefied Petroleum Gas (LPG) stocks.

Read More
Business

Asian Hospital Organises Women’s Day Cyclothon; 365 Participants

Asian Hospital Organises Women’s Day Cyclothon; 365 Participants

Faridabad (Haryana) [India], March 11: On the occasion of International Women's Day, the Asian Institute of Medical Sciences, Faridabad organised a grand cyclothon to promote health awareness. Around 365 participants from Delhi-NCR enthusiastically joined the cycling event. Two events -- 21 km and 10 km cycling races were organised, and participants ranging from children to senior citizens actively took part in them.

Read More
Business

Markets open marginally higher as crude eases, Nifty above 24,290

Markets open marginally higher as crude eases, Nifty above 24,290

The domestic stock markets opened with modest gains on Wednesday as easing crude oil prices supported investor sentiment, even as geopolitical tensions in the Middle East continued to remain in focus.

Read More
Business

Asian Paints Unveils ColourNext 2026: Mapping Culture, Material

Asian Paints Unveils ColourNext 2026: Mapping Culture, Material

Mumbai (Maharashtra) [India], March 10: Asian Paints today unveiled ColourNext 2026, its annual forecast that decodes the cultural, material, and emotional shifts shaping the future of design. Now in its 23rd year, ColourNext continues to be South Asia's most authoritative intelligence on colour, materials, textures, and finishes offering insights that are globally relevant yet deeply rooted in cultural context.

Read More
Business

Long-run LNG supplies will not be disrupted: Sources

Long-run LNG supplies will not be disrupted: Sources

The source said the recent surge in Asian LNG prices and supply disruptions have altered the economics of global gas trade, making shipments from more distant suppliers commercially viable despite higher transportation costs.

Read More
Business

Indian Oil Corp take steps to enhance LPG production; Prioritisi

Indian Oil Corp take steps to enhance LPG production; Prioritisi

Indian Oil Corporation has initiated measures to enhance Liquefied Petroleum Gas (LPG) production and prioritise its availability for domestic consumers following geopolitical disruptions to global fuel supplies. In a statement on Tuesday, the corporation confirmed that the Ministry has taken steps for higher LPG production while securing stocks for domestic customers and essential non-domestic sectors.

Read More
Business

Sensex, Nifty 50 open higher amid easing concerns over imported i

Sensex, Nifty 50 open higher amid easing concerns over imported i

The Indian benchmark indices opened with significant gains on Tuesday. BSE Sensex rose by 591.41 points or 0.76 per cent to reach 78,157.57 at 9:17 am, while NSE NIFTY 50 climbed 158.20 points or 0.66 per cent to 24,186.25.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.