INSUBCONTINENT EXCLUSIVE:
BSE Sensex today: HDFC, SBI and ITC were the top drags on Sensex.
The S-P BSE Sensex and NSE Nifty 50 indices
extended losses in noon deals dragged by losses in HDFC, State Bank of India, ITC, Axis Bank, IndusInd Bank, Larsen - Toubro and Yes Bank
Earlier in the day, the benchmarks fluctuated between gains and losses amid volatile trade after starting the session on a positive note
amid gains in Asian peers
The S-P BSE Sensex index rose as much as 172.54 points to touch 40,952.13 on the upside, before slumping as much as 370 points from that
level to hit low of 40,582.23
The broader NSE Nifty benchmark moved in a range of 98.8 points between 11,958.25 and 12,057.05
A selloff across sectors barring pharma shares - led by banking, auto, metal and energy stocks - pulled the markets lower
top drags on Sensex.Ten out of the 11 sectoral indices on the NSE traded in the negative territory
hoped US-China trade talks would move in direction after positive signals from American President Donald Trump.MSCI's broadest index of
Asia-Pacific shares outside Japan was up 0.5 per cent after Trump's upbeat tone in comments on Thursday, despite a lack of agreement between
Washington and Beijing over whether existing tariffs should be dropped as part of a preliminary trade deal.On Thursday, the Sensex and Nifty
indices settled on a weak note after Asia's most aggressive central bank - Reserve Bank of India - surprised analysts and economists by
at 5.15 per cent and reverse repo rate at 4.90 per cent on concerns of headline inflation breaching its medium-term target.However, the RBI
promised to continue with its accommodative stance in its monetary policy.
