Sensex down 107 points; Nifty below 11,450
10/08/2018 13:41
Indian benchmarks continued to trade in red during the noon trading session amid heightened global trade tensions. Asian stock markets fell on Friday while currency markets were whipsawed by a searing selloff in Russia’s rouble after the United States slapped on new sanctions.

Washington said it would impose fresh sanctions because it had determined that Moscow had used a nerve agent against a former Russian agent and his daughter in Britain, which the Kremlin denies.

At 13:30 hours, the 30-share benchmark index was trading at 37916.45 down by 107.92 points or by 0.28 per cent, while the NSE Nifty was at 11444.3 down by 26.4 points or by 0.23 per cent.

In the choppy trade so-far, Sensex touched intraday high of 38051.45 and intraday low of 37875.71 The NSE Nifty touched intraday high of 11478.75 and intraday low of 11426.5.

The top gainers of the BSE Sensex pack were YES Bank Ltd. (Rs. 389.00,+2.03%), Hero MotoCorp Ltd. (Rs. 3334.30,+1.81%), Mahindra & Mahindra Ltd. (Rs. 947.40,+1.52%), Bharti Airtel Ltd. (Rs. 371.80,+1.38%), ITC Ltd. (Rs. 305.30,+1.14%), among others.

The top losers of the BSE Sensex pack were Sun Pharmaceutical Industries Ltd. (Rs. 550.65,-3.51%), Vedanta Ltd. (Rs. 225.75,-2.06%), State Bank of India (Rs. 310.00,-2.04%), Tata Motors Ltd. (Rs. 252.55,-1.92%), Tata Motors Ltd. (Rs. 140.60,-1.85%), among others.

Among the sectors, CDS index was at 22010.84 up by 234.62 points or by 1.08%. PC Jeweller Ltd. (Rs. 106.80,+5.64%), Voltas Ltd. (Rs. 611.50,+3.15%), Crompton Greaves Consumer Electricals Ltd. (Rs. 267.50,+3.10%), TTK Prestige Ltd. (Rs. 6318.00,+1.25%), Titan Company Ltd. (Rs. 925.60,+1.20%),.

On the flip side, Metal index was at 13103.71 down by -180.35 points or by -1.36%. Jindal Steel & Power Ltd. (Rs. 207.10,-4.56%), National Aluminium Company Ltd. (Rs. 70.65,-2.21%), Vedanta Ltd. (Rs. 225.75,-2.06%), Steel Authority of India (SAIL) Ltd. (Rs. 78.85,-1.93%), Coal India Ltd. (Rs. 276.50,-1.30%),..

The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 2823 , shares advanced were 1131 while 1537 shares declined and 155 were unchanged.