Market Opens: Benchmark indices opened flat with negative bias on Friday with Nifty holding above 10,750 level.
At 09:17 hrs IST, the Sensex is down 36.45 points at 35861.90, while Nifty was down 15.10 points at 10774.80. About 400 shares have advanced, 347 shares declined, and 38 shares are unchanged.
Bajaj Auto, Maruti Suzuki, ICICI Bank, HUL, BPCL, HPCL, IOC, HDFC Bank are the top gainers in the morning, while losers is Kotak Mahindra Bank.
Rupee Opnes: The Indian rupee opened flat at 71.25 per dollar on Friday versus previous close 71.25.
Market at pre-open: Benchmark indices are flat in the pre-opening trade with Nifty holding above 10,750 level.
At 09:02 hrs IST, the Sensex is up 43.31 points or 0.12% at 35,941.66, and the Nifty down 1.40 points or 0.01% at 10,788.50.
Kotak Mahindra Bank down 2 percent and Jet Airways is up 1 percent.
ING Mauritius to sell stake in Kotak Mahindra Bank: ING Group is looking to sell around 1.20 percent stake in Kotak Mahindra Bank worth over Rs 2,800 crore via block deal, according to a report by The Economic Times. ING Mauritius Investments held about 3 percent stake, or 5,84,53,476 shares, in Kotak Mahindra Bank as of December 31, 2018, shows BSE data.
Wall Street ends lower: Weak economic reports pressured US stocks on Thursday after the market's recent run of gains, and a drop in healthcare shares added to the bearish momentum.
SGX Nifty: Trends on SGX Nifty indicate a flat opening for the broader index in India, a fall of 19.50 points or 0.18 percent. Nifty futures were trading around 10,794-level on the Singaporean Exchange.
Asian markets trade lower: Shares in Asia were flat in early trade on Friday following a fall on Wall Street, with a deteriorating global economic outlook outweighing more signs of progress in trade talks between China and the United States.
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