Sensex, Nifty settle marginally lower amid weak global cues
The Hindu
Mahindra & Mahindra, UltraTech Cement, State Bank of India, Tata Consultancy Services, Bajaj Finance and ITC were the major laggards.
Benchmark indices Sensex and Nifty closed marginally down in volatile trade on Friday following profit booking in financials and IT shares amid a weak trend in global equity markets.
Snapping its two-day gaining streak, the 30-share BSE Sensex declined 30.81 points or 0.05% to settle at 58,191.29. During the day, it fell 370.95 points or 0.63% to 57,851.15.
The broader NSE Nifty dipped 17.15 points or 0.10% to end at 17,314.65.
Among Sensex shares, Mahindra & Mahindra, UltraTech Cement, State Bank of India, Tata Consultancy Services, Bajaj Finance and ITC were the major laggards.
On the other hand, Titan, Power Grid, NTPC, Maruti, IndusInd Bank and Asian Paints were among the winners.
Elsewhere in Asia, markets in Seoul, Tokyo, Shanghai and Hong Kong ended lower.
Stock exchanges in Europe were trading on a mixed note in mid-session deals. The U.S. markets ended lower on Thursday.
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