Nifty corrects from all-time-closing high, Sensex trades 63 pts down

  • IANS

    SNS Web | New Delhi

    March 31, 2017 | 5:52 am
GDP

(Getty Images)

Snapping three-day winning streak amid weak Asian peers, domestic equity markets were trading with marginal declining in the first half of trade on Friday.

At 11.15 am, the Sensex was trading 63 points or 0.21 per cent lower at 29,586 while the Nifty50 was trading 16 points or 0.18 per cent down at 9,157.

However, broader markets were trading in the positive zone. BSE Midcap index shined 0.5 per cent while BSE Smallcap Midcap index surged 0.5 per cent.

Among the BSE sectoral indices, Oil& Gas index registered the biggest gain with a jump of 1.5 per cent. Metal (up 1.1 per cent), Consumer Durables (up 0.4 per cent) and Capital Goods (up 0.4 per cent) indices were other notable gainers. Telecom and FMCg indices slipped 1.4 per cent and 0.6 per cent respectively.

On Thursday, the NSE Nifty had closed at record closing high, up 30 points or 0.33 per cent at 9,174. The Sensex at the BSE had closed 116 points or 0.39 per cent higher at 29,647.

Top gainers in the Sensex-30 pack: Tata Steel (up 1.2 per cent), Reliance Industries (up 1.2 per cent), L&T (up 0.7 per cent), Maruti Suzuki (up 0.6 per cent) and Tata Motors (up 0.6 per cent).

Top losers in the Sensex-30 pack: HDFC Bank (down 1.6 per cent), ITC (down 1.3 per cent), Cipla (down 0.9 per cent), Wipro (down 0.9 per cent) and Bharti Airtel (down 0.9 per cent).

Asian markets were trading with more declines and fewer gains. Japan’s Nikkei 225 Index declined 0.5 per cent, Singapore’s Straits Times Index increased 0.2 per cent, Hong Kong’s Hang Seng index shed 0.6 per cent, Korea’s KOSPI index slipped 0.1 per cent and China’s Shanghai Composite Index gained 0.3 per cent.

Back home, the Rupee was trading 10 paisa higher at 64.82 against the US Dollar.

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