Mumbai (Maharashtra) [India], May 9 (ANI): The key benchmarks of the home fairness markets ended flat on Tuesday, monitoring weak world cues whereas buyers go for profit-booking on the fag-end.
BSE Sensex ended the Tuesday session at 61,761.33 with a lack of 2 factors whereas NSE Nifty misplaced 5 factors and settled at 18,259.30 on Tuesday.
Some of the gainers have been Tata Consultancy Services (TCS), Reliance Industries and Axis Bank. ITC, SBI and ICICI Bank have been among the many laggards on BSE through the session on Tuesday.
Indices corresponding to BSE Midcap and Smallcap additionally ended with low commerce. The BSE Midcap index closed 7 factors increased at 26,102.29 whereas the Smallcap index closed 104 factors slower at 29,344.41.
In US markets, Dow Jones misplaced 55 factors, Nasdaq, NYSE, SP 500 have been buying and selling within the constructive territory when the Asian markets opened on Tuesday.
In Asian markets, Hong Kong’s Hang Seng went down 429 factors, Japan’s Nikkei surged 292 factors, China’s Shanghai misplaced 37 factors and Thailand Set was buying and selling within the constructive territory on Tuesday.
In European markets, Amsterdam, BEL, CAC, Deutsche Borse, FTSE 100 and Madrid have been buying and selling within the unfavourable territory on Monday.
The rupee fell 24 paise to shut at 82.04 per dollar. The American dollar gained towards its world friends on threat aversion in world markets. The 10-year bond yield was buying and selling at 7.043 per cent from its earlier shut of seven.049 per cent. Both bond yield and costs transfer in reverse instructions.
Vinod Nair, Head of Research, Geojit Financial Services, mentioned, “The domestic market relinquished its gains as weak global sentiments took hold. The upcoming US inflation figures have become the focal point in determining the global market trend. The US inflation rate, which is expected to remain unchanged at its March level of 5 per cent, is causing worries that the Fed (Federal Reserve) will remain stricter for a long time. However, the sustained support from FIIs (foreign institutional investors) is guarding the domestic market from a steep correction.” (ANI)