Live share market tips: Nifty around 10,750, market trades lower; Yes Bank surges 29%
Benchmark indices are trading lower on Thursday morning with Nifty hovering around 10,750 level.
At 09:18 hrs IST, the Sensex is down 52.52 points at 35981.59, while Nifty is down 26.20 points at 10767.50. About 304 shares have advanced, 495 shares declined, and 30 shares are unchanged.
Karur Vysya Bank, IOC, BPCL, HPCL, Reliance Capital, Repco Home Finance, DHFL, RIL, Kotak Mahindra Bank are among major losers, while Yes Bank is up 27 percent, while Tata Motors, L&T are other major gainers. Benchmark indices are flat in the pre-opening session with Nifty trading below 10,800 level.
At 09:02 hrs IST, the Sensex is up 46.15 points at 36080.26, while Nifty is down 2.20 points at 10791.50.
DHFL, CG Power, 8k Miles, Dish TV, Adani Power, Rel Infra are among major losers in the pre-opening session, Asian stock markets started in a cautious mood on Thursday as investors hoped for progress in the latest Sino-US tariff talks while bracing for China trade data that are expected to show further falls in both exports and imports. Wall Street closed higher on Wednesday as investor optimism was stoked over hopes the United States and China could iron out a trade deal, and benign inflation data suggested the Federal Reserve would hold interest rates steady in the near term.
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