Indian Stocks Extend Losses
(RTTNews) - Indian stocks declined further on Friday amidst concerns regarding monetary policy actions by key central banks worldwide. RBI's hawkish commentary also weighed on sentiment.
S&P BSE Sensex closed at 62,625.63, a loss of 223 points or 0.35 percent from the previous close.
Indusind Bank was the top gainer in the S&P BSE Sensex with a 2.12 percent uptick. Tata Steel was the biggest laggard, shedding 1.98 percent.
At the sectoral level, Capital Goods was the top-gainer with a 1.2 percent uptick, followed by Industrials which advanced 0.87 percent. FMCG has declined the most, by 0.82 percent.
The broader S&P Nifty 50 opened at 18,655.90 and touched a high of 18,676.65. The index closed at 18,563.40, declining 0.38 percent from Thursday's close.
Indusind Bank topped with a 2 percent rally. Hero Motocorp was the biggest laggard, declining 2.2 percent.
In Nifty, at the sectoral level, Private Banks and Realty were the only sectors that closed in the green. Private Banks gained 0.23 percent. PSU Banks declined 1.21 percent.
U.S. Dollar Firms Against Majors
Swiss Market Fails To Hold Early Gains, Ends Just Slightly Up
European Stocks Close On Mixed Note After Cautious Session
Rate Cut Hopes Drag The Dollar Down
Bay Street Likely To Open Slightly Higher, But Weak Metal Prices Could Weigh
FTSE 100 Up Marginally As Investors Look For Direction
CAC 40 Drifts Lower In Lackluster Trade
