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Friday, 6 May 2016

Today's Market News on Indian Shares Trading

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The benchmark equity indices resumed their downward journey on Friday, after snapping a three-day losing streak in the previous session, as weak cues from Asian markets weighed on sentiments.The S&P BSE index was down 145 points, or 0.6 per cent, at 25,116.95. NSE barometer Nifty50 fell about 40 points and was quoting below its psychological level of 7,700. 

Idea Cellular, India's third largest telecom company, falls as much as 2.3 pct.Idea may spend $1.3 bln in adding data spectrum in upcoming auction around July, the Economic Times reported, citing a note from HSBC .Rival Bharti Airtel may selectively buy 4G airwaves in coveted 700 Mhz band in a few circles.

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