Sensex Ends 123 pts Lower; Nifty Holds 17,850; Paytm Tanks 9%
Sensex Ends 123 pts Lower; Nifty Holds 17,850; Paytm Tanks 9%
Sensex Today: The domestic markets opened on a tepid note in Friday's trading session, amid feeble global sentiments.

Sensex Today: Indian shares fell on Friday, tracking a slide in global equities on fears of a looming US recession, and as sentiment soured after index provider MSCI said it will cut the weightings of four Adani Group companies. At Close, the Sensex was down 123.52 points or 0.20 per cent at 60,682.70, and the Nifty was down 37 points or 0.21 per cent at 17,856.50. About 1821 shares have advanced, 1547 shares declined, and 148 shares are unchanged.

Adani Enterprises, HCL Technologies, Hindalco Industries, Tata Steel, and Coal India were among the biggest losers on the Nifty, while gainers included Tata Motors, UPL, Cipla, Hero MotoCorp, and L&T.

Among sectors, the power index was down 0.8 per cent, metal index fell 1.5 per cent each, and the realty index added 1.5 per cent.

The BSE midcap index ended flat, while smallcap index rose 0.4 per cent.

Global Cues

Globally, the US equity markets edged lower overnight after a poor auction of 30-year bonds triggered a rise in treasury yields. Key indices like Dow Jones, the S&P 500, and NASDAQ Composite, slipped up to 1 per cent.

Asia-Pacific markets, meanwhile, were mixed this morning ahead of Chinese inflation data. Barring the Nikkei 225 index, other indices like Kospi, Kosdaq, and the S&P 200 fell up to 0.7 per cent.

In the commodities basket, prices of both Brent Crude, and WTI Crude slipped up to 0.3 per cent to $84 per barrel, and $77 per barrel, respectively.

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