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Share/Stock Market, Sensex, Commodity Market Live Updates: The benchmark equity indices on the BSE and National Stock Exchange (NSE) extended on their opening losses and are now trading over 1 per cent lower dragged down by the shares of fast-moving consumer goods (FMCG), automobiles and banking stocks.
At 12:04 pm, the S&P BSE Sensex was down 439.89 points or 1.07 per cent at 40,690.28, while the Nifty 50 index was at 12,025.85, down 125.30 points or 1.03 per cent.
Among sectors, the Nifty Auto index was the top loser in the morning trade on Friday slipping 0.8 per cent weighed by TVS Motor Company and Maruti Suzuki India. It was closely followed by Nifty FMCG index which was down 0.77 per cent dragged by Britannia Industries and Jubilant Foodworks. The Nifty Bank index too was down over 0.5 per cent weighed by State Bank of India (SBI) Kotak Mahindra Bank and ICICI Bank.
Market participants will now look forward to the Gross Domestic Product (GDP) data for the quarter ended September, which is scheduled to be released later today so as to get a better understanding of the state of India’s economy.
Share/Stock Market, Sensex, Commodity Market Live Updates: The benchmark equity indices on the BSE and National Stock Exchange (NSE) extended on their opening losses and are now trading over 1 per cent lower dragged down by the shares of fast-moving consumer goods (FMCG), automobiles and banking stocks.
At 12:04 pm, the S&P BSE Sensex was down 439.89 points or 1.07 per cent at 40,690.28, while the Nifty 50 index was at 12,025.85, down 125.30 points or 1.03 per cent.
Among sectors, the Nifty Auto index was the top loser in the morning trade on Friday slipping 0.8 per cent weighed by TVS Motor Company and Maruti Suzuki India. It was closely followed by Nifty FMCG index which was down 0.77 per cent dragged by Britannia Industries and Jubilant Foodworks. The Nifty Bank index too was down over 0.5 per cent weighed by State Bank of India (SBI) Kotak Mahindra Bank and ICICI Bank.
Market participants will now look forward to the Gross Domestic Product (GDP) data for the quarter ended September, which is scheduled to be released later today so as to get a better understanding of the state of India’s economy.
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