Domestic markets extended their decline to Friday's session, after tanking over 1 per cent in the previous session, as global markets remained weak amid fresh trade war jitters and growing worries about the health of nonbanking finance companies (NBFCs). Private banks were the top mood dampeners. At around 9:30 am, BSE benchmark Sensex was down 193 points or 0.49 per cent at 39,337 while NSE barometer Nifty breached the 11,800 mark and was trading 49 points or 0.41 per cent lower at 11,794.
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Domestic markets extended their decline to Friday's session, after tanking over 1 per cent in the previous session, as global markets remained weak amid fresh trade war jitters and growing worries about the health of nonbanking finance companies (NBFCs). Private banks were the top mood dampeners. At around 9:30 am, BSE benchmark Sensex was down 193 points or 0.49 per cent at 39,337 while NSE barometer Nifty breached the 11,800 mark and was trading 49 points or 0.41 per cent lower at 11,794.
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Market benchmark BSE Sensex dropped over 100 points in early trade on Friday tracking losses in in index-heavyweights RIL and ICICI Bank ahead of quarterly GDP growth data release. Retreating from its lifetime peak scaled in the previous session, the 30-share index was trading 158.97 points, or 0.39 per cent, lower at 40,971.20 in morning session. Similarly, the broader NSE Nifty was quoting 38.45 points, or 0.32 per cent, down at 12,112.70.
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Domestic equity benchmark BSE Sensex dropped over 100 points in early session on Thursday, dragged by banking, energy and IT stocks, amid weak global cues. The 30-share BSE Sensex slumped 100 points to 36,470. The broader Nifty50 gave up the 10,800-mark and was hovering around 10,790 levels, down 50 points, or 0.5 per cent.
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Taking a cue from global markets, the key Indian equity market indices on Thursday opened higher. The Sensitive Index (Sensex) of the BSE, which had closed at 35,756.26 on Wednesday, opened higher at 35,837 points. Minutes into trading, it was quoting at 35,821.27, up by 65.01 points, or 0.18 per cent. At the National Stock Exchange (NSE), the broader Nifty 50, which had closed at 10,735.45 on Wednesday, was quoting at 10,741.30, up by 5.85 points or 0.05 per cent.
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