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Sensex, Nifty Marginally Lower As Trade Talks Continue
(RTTNews) - Indian shares were marginally lower in early trade on Thursday after U.S. President Donald Trump signaled that a new trade deal could be inked soon with India.
His statement comes at a time when both countries' commerce ministry officials are prepping for another round of trade talks.
The benchmark 30-share BSE Sensex was down 70 points at 82,563 while the broader NSE Nifty index dipped 25 points to 25,186.
Wipro fell about 1 percent ahead of its earnings release. Reliance Power dropped 1.3 percent and Reliance Infrastructure declined 1.4 percent on fund raising reports.
Tech Mahindra was down 1.3 percent after reporting a marginal fall in June quarter revenue.
State Bank of India was little changed after launching a Rs. 25,000- crore share sale to institutional investors.
LT Foods advanced 1.6 percent after opening an organic food processing facility in Rotterdam.
Kalpataru Projects International rallied 2 percent on securing new orders worth Rs 2,293 crores.
Godrej Properties added 1 percent after it acquired 50 acres of land in Raipur to sell housing plots in this upcoming project.
Hindustan Zinc rose half a percent after bagging a potash block in Rajasthan.
Commodity Currencies Slide As Traders Remain Cautious
Yen Falls Against Majors
Canadian Dollar Slides Against Most Majors
NZ Dollar Slides Against Most Majors
Australian Dollar Falls Against Majors
European Economic News Preview: German Business Sentiment Data Due
European Shares Set To Open On Cautious Note
