Business

Stocks trade volatile amid weak global cues, Yes Bank tumbles by 8 pc

ANI | October 09, 2019 10:18 AM
Yes Bank was down by 8 pc on Wednesday morning at Rs 42 per share

Mumbai (Maharashtra) [India], Oct 9 (ANI): Equity indices were largely flat amid volatile trading during early hours on Wednesday following weak global cues.

At 10:15 am, the BSE S&P Sensex was down by 46 points at 37,486 while the Nifty 50 edged lower by 13 points to 11,113. At the National Stock Exchange, most sectoral indices were in the negative zone except for auto, financial services and realty.

Among stocks, Yes Bank was down by 8 per cent at Rs 42 per share after gaining for two straight sessions. Titan, Zee Entertainment, HCL Technologies and ONGC too were in the red.

However, UltraTech Cement, Kotak Mahindra Bank, Larsen & Toubro, Mahindra & Mahindra and ICICI Bank showed marginal gains.

Meanwhile, Asian markets were sharply lower as US-China trade frictions persisted even as officials from the two countries meet this week to work out a deal.

MSCI's broadest index of Asia Pacific shares outside Japan was down by 0.44 per cent. Chinese shares fell by 0.47 per cent while Japan's Nikkei slid by 0.7 per cent in its biggest decline over a week.

Hong Kong shares fell by 0.52 per cent due to persistent worries about the often violent protest against China's rule of the former British colony.

(ANI)

Have something to say? Post your comment
Must Read
Interfaith Global Summit dedicated to 550th birthday anniversary of Guru Nanak Dev Ji organised
Interfaith Global Summit dedicated to 550th birthday anniversary of Guru Nanak Dev Ji organised
LPU Engineering Student bags Rs 42 lakh Job in Microsoft
LPU Engineering Student bags Rs 42 lakh Job in Microsoft
India vs South Africa 3rd Test: Play interrupted due to bad light
India vs South Africa 3rd Test: Play interrupted due to bad light
Police Force should stay fit to tackle challenges: Commissioner of Police
Police Force should stay fit to tackle challenges: Commissioner of Police
An Awareness Seminar on ‘Say to No Drugs’ by ‘Satyamev Jayate Society’ at Innocent Hearts School.
An Awareness Seminar on ‘Say to No Drugs’ by ‘Satyamev Jayate Society’ at Innocent Hearts School.
Anti-larva team detects 15 larva cases
Anti-larva team detects 15 larva cases
Aero-adventure camp at Air force station Bhisiana
Aero-adventure camp at Air force station Bhisiana
Artists of Innocent Hearts Brought Laurels to their Almamater; selected for State Level
Artists of Innocent Hearts Brought Laurels to their Almamater; selected for State Level
6325 students from 189 schools participate in mega event Sabyatech at CT Group
6325 students from 189 schools participate in mega event Sabyatech at CT Group
Airtel shuts down 3G network in Punjab, upgrades customers to high speed 4G network
Airtel shuts down 3G network in Punjab, upgrades customers to high speed 4G network
Anti-larva team detects 23 larva cases
Anti-larva team detects 23 larva cases
Closed Day for voters of Haryana working in Punjab factories
Closed Day for voters of Haryana working in Punjab factories