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Dragged by weak global cues, the market has opened weak on Friday. The Sensex is down 160.06 points or 0.6 percent at 25102.15, and the Nifty is down 38.55 points or 0.5 percent at 7696.95. About 243 shares have advanced, 435 shares declined, and 35 shares are unchanged. ITC tanks over 3 percent while Dr Reddy's Labs, TCS, Hero MotoCorp and Tata Steel are losers while HDFC, Bharti Airtel and Wipro are gainers in the Sensex.
All sectoral indices on the Bombay Stock Exchange traded in the red, though the FMCG sub-index underperformed, falling over 1 per cent.Tobacco major ITC, which has the second largest weightage in the Nifty, fell over 3 per cent. ITC - India's biggest cigarette maker - has shut its plants from May 4 to comply with a new pictorial warnings rule issued by the government.
Crude Oil December expiry has jumped almost 2 percent at $ 44.13 a barrel. Brent Oil December future has also climbed more than 1.5 percent at $ 45.15. Natural Gas December delivery has added almost a percent at $ 2.775. MCX Crude Oil tips
Crude Oil December expiry has jumped almost 2 percent at $ 44.13 a barrel.
ReplyDeleteBrent Oil December future has also climbed more than 1.5 percent at $ 45.15.
Natural Gas December delivery has added almost a percent at $ 2.775.
MCX Crude Oil tips