Business

Indian domestic market indices opened lower on Friday before they quickly pared gains and traded in green.
At 11.13 am, Sensex rose over 202 points to trade at 35,777.
NSE's Nifty rose 62 points to trade at 10,811.
The top Sensex gainers in the late morning trade are Tata Motors (3.8 percent), Hero MotoCorp (2.9 percent), Bajaj Auto (2.87 percent), Reliance Industries (1.7 percent) and Tata Steel (1.65 percent).
Among sectoral indices, Nifty Realty, Nifty Auto and Nifty Metal indices posted the maximum gains to the tune of 1.72 percent, 1.48 percent and 1.27 percent, respectively.The Indian rupee on Friday fell by 8 paise to again breach the 69-mark to trade at 69.03 against the US dollar in opening trade.
The fresh fall in Indian rupee is because of US dollar's appreciation and sustained foreign capital outflows.
According to the forex dealers, the rupee's third straight slide happened due to demand for the US currency and a lower opening in the domestic equity market in morning trade today.Faltering Chinese markets dented Asian stocks in a choppy Friday morning, just hours before Washington is set to impose tariffs on Chinese imports that many investors fear might trigger a full-scale trade war in a blow to the global economy.
Around 7.45 am, MSCI's broadest index of Asia-Pacific shares outside Japan was 0.3 percent lower, pulling back from a modest early rise.
The index has lost 8.8 percent since June 7.Seoul's Kospi index fell 0.2 percent and shares in Taiwan were 0.4 percent lower.
Australian shares were up 0.4 percent.
China's major indexes were choppy in early trade, with the blue-chip CSI300 index in and out of negative territory.
It was last 0.2 percent lower, while the Shanghai Composite index fell 0.3 percent.
Japan's Nikkei stock index was 0.7 percent higher after closing at a three-month low on Thursday (with Reuters inputs)





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