Friday 15 February 2019

Market Live: Sensex opens flat with negative bias, Nifty below 10,750; ONGC gains 3%


Buzzing: Share price of Kridhan Infra surged more than 8 percent in the early trade on Friday after company bagged an order in Singapore.

Company's Singapore based 100% subsidiary KH Foges Pte. has been awarded a new order in Singapore worth S USD 36 million (Rs 187 crore).

Market Opens: Benchmark indices started on flat note on Friday with Nifty trading below 10,750 mark.

The Sensex is down 32.22 points at 35844.00, while Nifty is down 18.30 points at 10727.70. About 332 shares have advanced, 515 shares declined, and 41 shares are unchanged. 

Power Grid, BPCL, L&T, IOC, Axis Bank, ONGC, are among major gainers, while losers are Eveready, JK Tyre, Yes Bank, Nestle, Jet Airways, JSW Steel, UltraTech Cement, Hero Moto, Sun Pharma, HDFC and Vedanta.

Among sectoral indices, except energy and infra all other indices are trading in red.

Rupee Opens: The Indian rupee opened marginally lower at 71.23 per dollar on Friday versus Thursday's close 71.16.

Market at pre-open: Benchmark indices are trading higher in the pre-opening session on Friday with Nifty above 10,750 level.

At 09:01 hrs IST, the Sensex is up 106.93 points or 0.30% at 35983.15, and the Nifty up 30.70 points or 0.29% at 10776.70.

Yes Bank, Zee Entertainment are among major gainers, while JSW Steel is trading lower in pre-opening trade.

 Wall Street ends mixed: Wall Street struggled to reverse early losses on Thursday as an unexpected drop in retail sales dampened investor hopes for progress at the ongoing US-China trade talks in Beijing

Asia trades mixed: Asian stocks slipped on Friday after grim US retail sales figures raised fresh doubts about the strength of the US economy, offsetting optimism on trade talks between the United States and China.

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Source: Moneycontrol

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