Sensex, Nifty Struggle For Direction In Early Trade
(RTTNews) - Indian shares were little changed on Friday, giving up early gains amid mounting concerns about the impact of U.S. tariffs on Indian goods.
The benchmark BSE Sensex was up 4 points at 80,084, while the broader NSE Nifty index was down 10 points at 24,490.
UltraTech Cement, ITC, Kotak Mahindra Bank and Trent were up 1-2 percent while Mahindra & Mahindra tumbled 2.7 percent, Infosys declined 1.4 percent and Eternal dipped 1.3 percent.
Lemon Tree Hotels gained 1 percent as it signed a license agreement for a new hotel property in Dehradun.
Himatsingka Seide rose 1.3 percent on fund raising reports.
Reliance Industries was marginally lower ahead of its 48th annual general meeting (AGM).
NTPC fell about 1 percent after its board approved the transfer of its coal mining business to its wholly owned subsidiary NTPC Mining.
Muthoot Finance declined 1.2 percent after infusing Rs 500 crore in its wholly owned subsidiary, Muthoot Money.
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