Market Live: Nifty breaks 10,500; SBI lifts PSU Bank over 3%
Asian stocks traded lower after US President Donald Trump's dissatisifed
with the latest round of trade talks with China.
Benchmark indices
started off trade on a flat note on Wednesday despite weakness in Asian peers.
The 30-share BSE
Sensex declined 24.59 points to 34,626.65 and the 50-share NSE Nifty
slipped 15.70 points to 10,521.
Tata Motors, HCL
Technologies, SBI, TCS, Infosys, Indiabulls Housing Finance and Tech
Mahindra are early gainers.
Vedanta declined 4
percent. IOC, HPCL and BPCL dropped over a percent.
Nifty Midcap index
was down 19 points.
Andhra Bank
declined 3 percent.
Care, Minda
Industries, L&T Technology, Gravita, Music Broadcast, PC Jeweller, Ashok
Leyland, Bharat Forge and Muthoot Finance gained up to 5 percent.
The rupee recovered
a bit from opening lows, falling 12 paise to 68.16 against the US dollar.
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