GET Stock QuotesNews18 APP
News18 English
»
1-min read

Sensex, Nifty Turn Volatile on Weak Global Cues Amid Rising US-China Trade War

The BSE Sensex was trading at 58.61 points, or 0.15 per cent, higher at 38,395.37. The index had hit a high of 38,428.99, rising 92.74 points, or 0.24 per cent, in opening session.

PTI

Updated:August 24, 2018, 10:03 AM IST
facebookTwittergoogleskypewhatsapp
Sensex, Nifty Turn Volatile on Weak Global Cues Amid Rising US-China Trade War
Image for representation. (Photo: Reuters)
Loading...
Mumbai: Benchmark indices inched higher, but were trading on a volatile note in early trade amid rising trade tensions between the US and China as talks between the two countries ended without any significant outcome.

The BSE Sensex was trading at 58.61 points, or 0.15 per cent, higher at 38,395.37. The index had hit a high of 38,428.99, rising 92.74 points, or 0.24 per cent, in opening session.

The gauge had gained 673.20 points in the past four sessions.

The wider NSE Nifty too rose 21.85 points, or 0.18 per cent to 11,604.60.

Brokers said besides profit-booking at record levels, a mixed trend at other Asian markets following a negative leads from Wall Street dented the trading sentiment here.

Investors are also cautious ahead of Federal Reserve Chairman Jerome Powell speech at the annual global central bank conference in Jackson Hole later in the day.

Major gainers include PowerGrid, Axis Bank, Coal India, SBI, NTPC, Tata Steel and M&M with up to 1.58 per cent gains.

While, ICICI Bank, Bharti Airtel, IndusInd Bank, Infosys, Wipro, Yes Bank, HUL and Sun Pharma fell up to 1 per cent.

Domestic institutional investors (DIIs) bought shares worth a net of Rs 142 crore, while foreign portfolio investors (FPIs) accumulated shares worth a net of Rs 433.21 crore on Thursday, provisional data showed.

Asian stocks were mixed, tracking overnight losses on the Wall Street.

Hong Kong's Hang Seng was down 0.81 per cent, Shanghai Composite Index fell 0.28 per cent, while Japan's Nikkei was up 0.31 per cent in early trade.

The US Dow Jones Industrial Average ended 0.03 per cent lower in Thursday's session.
| Edited by: Ahona Sengupta
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwittergoogleskypewhatsapp
Most Active
Company Price Change %Gain
Yes Bank 192.10 -6.20
Indiabulls Hsg 706.60 -3.71
ICICI Bank 357.90 -1.24
Reliance 1,137.40 -1.10
Jet Airways 310.35 -3.83
Company Price Change %Gain
Yes Bank 192.55 -6.10
Varun Beverages 781.90 -0.03
Indiabulls Hsg 707.40 -3.79
Jet Airways 310.10 -3.99
Dewan Housing 225.05 -3.06
Top Gainers
Company Price Change %Gain
GAIL 344.05 2.79
Adani Ports 355.25 1.34
IndusInd Bank 1,557.85 1.29
Bajaj Finance 2,380.10 0.81
Zee Entertain 448.10 0.29
Company Price Change %Gain
IndusInd Bank 1,558.35 1.34
Adani Ports 354.15 1.24
M&M 782.70 0.30
HDFC Bank 2,015.25 0.06
Top Losers
Company Price Change %Gain
Yes Bank 192.10 -6.20
Hindalco 221.95 -5.33
Indiabulls Hsg 706.60 -3.71
Wipro 321.30 -3.47
Dr Reddys Labs 2,443.15 -3.38
Company Price Change %Gain
Yes Bank 192.55 -6.10
Tata Steel 563.50 -3.21
Vedanta 205.10 -2.89
Wipro 321.70 -2.59
NTPC 149.35 -2.42

Live TV

Loading...
Loading...