Nifty April futures trade at modest premium

Share

Geopolitical tensions over Syria and trade war concerns weighed on the domestic unit.

India's exports dipped by 0.66 per cent to Dollars 29.11 billion in March, even as they increased by 9.78 per cent for the full 2017-18 fiscal.

The barometer 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 33,944.73 points, traded at 34,147.31 points (12.58 p.m.) - down 45.34 points or 0.13 per cent from its previous session's close.

The US Dow Jones Industrial Average ended 0.50 per cent lower in Friday's trade.

At around 12.58 p.m., the NSE Nifty50 was down 9.50 points or 0.09 per cent to trade at 10,471.10 points.

Foreign portfolio investors (FPIs) and foreign institutional investors (FIIs) sold shares worth Rs 1,487.82 crore during the week, as per Sebi's record including the provisional figure of April 13, 2018.

'The Walking Dead' Stars Break Down Season Finale Shocker
Have they developed more or less morals? Later, he heads to see Jadis and invites her to go to the community. It might be the same all out war that we've been promised for two seasons, but it comes as a welcome relief.

IHH Proposes Up to $1.3 Billion Fortis Bid, Topping TPG
The revised offer valued Fortis' hospital business at Rs 6,061 crore, or Rs 116 per share, up nearly 21% from the previous offer. The scheme is expected to increase patient numbers at private hospitals such as those run by Manipal and Fortis.

Saudi king attacks Trump over Israel embassy move
Instead the king focused on rivalries with longtime foe Iran - only 160 kilometers (100 miles) across the Gulf from Dhahran. Among the leaders in attendance was Sudan's Omar al-Bashir, who walked the red carpet and was greeted by King Salman.

Shares of Infosys, the country's second-largest IT services company, closed 3.3 percent lower after declining as much as 6 percent.

Other major losers were Tata Motors, Axis Bank, Tata Steel, ONGC, Reliance, and Bharti Airtel, falling by up to 2.71%.

On the other hand, stocks of Tata Motors suffered the most by crashing 4.96 per cent after Jaguar Land Rover said it is planning to cut jobs to scale back production at some of its United Kingdom sites.

BSE sectoral indices, led by IT, Teck, oil and gas, PSU, power, infrastructure and banking stocks, declined up to 0.88%. The loss came mainly on back of IT stocks as the Nifty IT sub-index was down 1.30 per cent.

The broader markets too continued to rule firm as investors were seen enlarging their bets, lifting the small-cap index by 0.56 per cent and mid-cap index by 0.34 per cent.

Share