Market Live: Sensex consolidates amid global weakness on trade tensions

Market Live: Sensex consolidates amid global weakness on trade tensions





Market Opening: Benchmark indices started off the trade on a negative note, following global weakness due to trade tensions between world’s largest economies US and China.

The 30-share BSE Sensex slipped 94.76 points to 35,375.59 and the 50-share NSE Nifty declined 29.00 points to 10,733.50.

Tata Motors, Vedanta, IOC, BPCL, HPCL, Cipla and Dr Reddy’s Labs are early losers.

Aurobindo Pharma, Asian Paints, Axis Bank, ITC, Lupin, TCS and Indiabulls Housing gained.

Nifty Midcap index fell 55 points and Nifty Bank lost 95 points.

Voltas, Sun TV Network, PNB Housing Finance and KRBL fell up to 6 percent.

Info Edge and Jet Airways gained more than a percent.