NEW DELHI: Indian domestic indices soon took a turn for the worse, after opening mildly higher in morning trade on Friday, after US hiked tariffs on Chinese goods.
Other Asian markets traded mixed after the tariff hike. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.3 per cent, led by gains in Chinese shares. China markets were on midday break when the higher tariffs took effect. The Shanghai composite rose as much as 3.1 per cent early on Friday before paring much ..
The BSE benchmark Sensex was down 28 poinst or 0.07 per cent at 37,531 whereas its NSE counterpart Nifty was trading at 11,294, down 7 poinst or 0.061 per cent.
Reliance IndustriesNSE 1.24 % was the biggest Sensex gainer, up around nearly 2 per cent, after Mukesh Ambani-led company acquired iconic British toy-maker Hamleys for around Rs 620 crore in an all-cash deal.
Other gainers included -- ICICI Bank, Vedanta, Tata Motors, SBI and Tata Steel.
On the other hand, HCL Tech fell the most, down 4 per cent, following its March quarter numbers. The IT services major posted a 14.3 per cent rise in its consolidated net profit at Rs 2,550 crore for the March 2019 quarter and set an "aspirational" annual revenue target of more than USD 10-billion (about Rs 70,258 crore) in FY2019-20.
Asian Paints, Kotak bank, Coal India, HUL and Power Grid joined HCL Tech on the loserboard.
On the BSE sectoral front, realty was the biggest ga ..
Other Asian markets traded mixed after the tariff hike. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.3 per cent, led by gains in Chinese shares. China markets were on midday break when the higher tariffs took effect. The Shanghai composite rose as much as 3.1 per cent early on Friday before paring much ..
The BSE benchmark Sensex was down 28 poinst or 0.07 per cent at 37,531 whereas its NSE counterpart Nifty was trading at 11,294, down 7 poinst or 0.061 per cent.
Reliance IndustriesNSE 1.24 % was the biggest Sensex gainer, up around nearly 2 per cent, after Mukesh Ambani-led company acquired iconic British toy-maker Hamleys for around Rs 620 crore in an all-cash deal.
Other gainers included -- ICICI Bank, Vedanta, Tata Motors, SBI and Tata Steel.
On the other hand, HCL Tech fell the most, down 4 per cent, following its March quarter numbers. The IT services major posted a 14.3 per cent rise in its consolidated net profit at Rs 2,550 crore for the March 2019 quarter and set an "aspirational" annual revenue target of more than USD 10-billion (about Rs 70,258 crore) in FY2019-20.
Asian Paints, Kotak bank, Coal India, HUL and Power Grid joined HCL Tech on the loserboard.
On the BSE sectoral front, realty was the biggest ga ..
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