The domestic equity markets opened flat on Friday and traded in the negative territory, tracking weak global cues. The investors wait for earnings of heavyweights like Reliance Industries and Hindustan Zinc as prior announcements of companies for the fourth quarter failed to lift sentiments on BSE as well as NSE.
BSE Sensex lost 28 points to 59,612.07 and NSE Nifty declined 17 points to 17,607.30 at 11.20 am on Friday. Sectoral indices of Oil & Gas, FMCG, IT, Telecommunication were in the positive territory while Auto, Bankex, Power and Realty on BSE were in the negative territory. In Asian markets, Hong Kong’s Hang Seng lost 221 points, Japan’s Nikkei dropped 78 points, China’s Shanghai lost 38 points, Thailand SET dipped 6 points when domestic markets opened on Friday.
In US markets, Dow Jones lost 110 points, S&P/BMV dropped 14 points, Nasdaq and NYSE Composite were in the positive territory as their stock exchanges closed on Thursday. Investors in the US worried about the Federal Reserve’s next move on interest rates.(ANI)
In European markets, BEL, CAC, Deutsche Borse, FTSE 100, Madrid SE, Amsterdam Exchange and IBEX 35 were in the positive territory.
