ANI
13 Feb 2020, 10:48 GMT+10
Mumbai (Maharashtra) [India], Feb 13 (ANI): Equity benchmark gauges were on a weak ground during early hours on Thursday, a day after the government released data on inflation and factory output which quashed hopes for an immediate cut in key interest rates.
India's retail inflation for January rose by 7.59 year-on-year while Dec 2019 industrial production contracted by 0.3 per cent.
At 10:15 am, the BSE SP Sensex edged lower by 108 points or 0.2 per cent to 41,458 while the Nifty 50 was down by 37 points at 12,164.
Sectoral indices at the National Stock Exchange were mixed with Nifty private bank down by 0.8 per cent.
Among stocks, Kotak Mahindra Bank slipped by 1.6 per cent at Rs 1,687 per share while IndusInd Bank was down by 1.2 per cent and Axis Bank by 1.1 per cent.
The other prominent losers were Adani Ports, HCL Technologies, Maruti, Cipla and power utility major NTPC.
However, Yes Bank added gains of 3.7 per cent at Rs 36.50 per share while State Bank of India moved up by 2.2 per cent. Titan, Tata Consultancy Services, Infosys, Nestle India and Dr Reddy's traded with a positive biasMeanwhile, Asian stock markets wobbled as the number of new coronavirus cases and deaths in the outbreak's epicentre jumped.
MSCI's broadest index of Asia Pacific shares outside Japan was steady while Japan's Nikkei was flat. The Shanghai Composite and Hong Kong's Hang Seng wavered either side of unchanged.
China's Hubei province, where the virus is believed to have originated, reported 242 new deaths -- double the previous day's toll -- and confirmed 14,840 new cases a day earlier as officials adopted a new methodology for counting infections.
(ANI)Get a daily dose of Bristol Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Bristol Star.
More InformationWASHINGTON, D.C.: The Trump administration has made public a visa decision that would usually be kept private. It did this to send...
LONDON, U.K.: British Prime Minister Keir Starmer won a vote in Parliament this week to move ahead with changes to the country's welfare...
PARIS, France: L'Oréal is making a fresh play in the booming premium haircare segment with a new acquisition. The French beauty conglomerate...
Taipei [Taiwan], July 8 (ANI): Taiwan's Minister of Economic Affairs, Kuo Jyh-huei, on Monday said the negotiations on the tariff between...
London [UK], July 8 (ANI): Star cricketer Virat Kohli, along with his wife and actress Anushka Sharma, were spotted at the centre court...
London [UK], July 8 (ANI): India's campaign at Wimbledon 2025 ended as the men's doubles pair of Yuki Bhambri and Robert Galloway crashed...
WASHINGTON, D.C.: President Donald Trump claimed he was unaware that the term shylock is regarded as antisemitic when he used it in...
PARIS, France: A strike by French air traffic controllers demanding improved working conditions caused significant disruptions during...
OMAHA, Nebraska: With Congress considering cuts totaling around US$1 trillion to Medicaid over the next decade, concerns are rising...
ROME, Italy: Quick thinking by emergency responders helped prevent greater devastation after a gas station explosion in southeastern...
WASHINGTON, D.C.: President Donald Trump is drawing praise from his core supporters after halting key arms shipments to Ukraine, a...
MOSCOW, Russia: This week, Russia became the first country to officially recognize the Taliban as the government of Afghanistan since...