Mumbai, Apr 20 (UNI) The BSE Sensex declined on Friday by 11.71
points to end volatile session on a negative note at 34,415.58,
tracking weaker cues from global peers and hawkish comments by the
Reserve Bank of India (RBI) in the monetary policy committee minutes.
Similarly, NSE Nifty eased by 01.25 points to 10,564.05, after
hitting the day’s high at 10,582.35 and low at 10,527.45.
The Sensex registered the day's high and low at 34,487.33 and
34,311.29 points, respectively, during the day.
A bout of volatility was witnessed in early trade as the key indices
dipped in negative zone after a positive start to the day's trading
session.
Stocks hovered in a small range thereafter and hit intra-day low in
afternoon trade. Stocks cut losses in mid-afternoon trade.
Volatility increased in late trade as indices once again sink in red
after briefly turning positive.
BSE Mid-Cap fell 0.44 per cent to 16,798.94, underperforming the
Sensex. Small-Cap went up 0.02 pc to 18,178.03, outperforming the
Sensex.
The market breadth was negative on BSE, as 1,436 shares declined
against 1,186 advanced and 150 were unchanged.
Asian markets slipped in the morning trade, weighed down by the
technology stocks. Overnight US stocks closed lower.
Europe’s main stock markets diverged at the start of trading, with
London’s benchmark FTSE-100 index profiting further from fresh falls
in the pound. The FTSE index gained 0.4 pc to 7,360.75 points as
weakness of Sterling boosted share prices of multinationals listed
in London which derive much of their earnings in dollars.
In the Eurozone, Frankfurt’s DAX-30 dipped 0.1 pc to 12,555.96
points and the Paris CAC-40 rose 0.1 pc to 5,395.13 compared with
Thursday’s closing levels.
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