At 9:15 AM, the BSE Sensex opened lower by 92 points at 27216, while the Nifty50 opened lower by 32 points at 8401 mark.
Profit Booking was witnessed on the Thursday’s trading session, but markets recovered in the closing hours and Nifty managed to close firmly above crucial level of 8400.
European markets were trading mixed and closed marginally lower. CAC 40 closed at 4841.14 level losing 0.25%. German DAX closed at 11596.89 level losing 0.02%. FTSE 100 declined by 39.17 points to close at 7208.44 level.
US markets closed lower on Thursday with Dow Jones Industrial Average declining in fifth straight session. Investors are cautious ahead of president elect Donald Trump’s inauguration on Friday. Dow Jones declined by 0.37% to close at 19732.40 level. S&P 500 closed at 2263.69, down by 0.36%.
Asian markets are trading flat to positive. Nikkei 225 is trading at 19091.84 level up by 0.10%. China’s Shanghai SE Composite Index is trading up by 0.54%. China’s Gross Domestic Product (GDP) grew at 6.8% in the fourth quarter.
The SGX Nifty index slumped 21 points to close at 8420. Cement stocks would remain in focus on Friday owing to CCI penalty imposed on seven cement companies.
Indian Rupee opened at 68.05 per dollar.
Ultra-tech cement opened at Rs 3452 per share, down by Rs 3.1 per share.
IDEA is trading at Rs 71.15 per share, up by Rs 1.85 per share.
Axis Bank is down by 5.36% trading at Rs 457.75 per share.
Profit Booking was witnessed on the Thursday’s trading session, but markets recovered in the closing hours and Nifty managed to close firmly above crucial level of 8400.
European markets were trading mixed and closed marginally lower. CAC 40 closed at 4841.14 level losing 0.25%. German DAX closed at 11596.89 level losing 0.02%. FTSE 100 declined by 39.17 points to close at 7208.44 level.
US markets closed lower on Thursday with Dow Jones Industrial Average declining in fifth straight session. Investors are cautious ahead of president elect Donald Trump’s inauguration on Friday. Dow Jones declined by 0.37% to close at 19732.40 level. S&P 500 closed at 2263.69, down by 0.36%.
Asian markets are trading flat to positive. Nikkei 225 is trading at 19091.84 level up by 0.10%. China’s Shanghai SE Composite Index is trading up by 0.54%. China’s Gross Domestic Product (GDP) grew at 6.8% in the fourth quarter.
The SGX Nifty index slumped 21 points to close at 8420. Cement stocks would remain in focus on Friday owing to CCI penalty imposed on seven cement companies.
Indian Rupee opened at 68.05 per dollar.
Ultra-tech cement opened at Rs 3452 per share, down by Rs 3.1 per share.
IDEA is trading at Rs 71.15 per share, up by Rs 1.85 per share.
Axis Bank is down by 5.36% trading at Rs 457.75 per share.
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