LIVE market updates: The BSE Sensex ended the pre-open session, with a loss of 91 points at 60,045. The NSE Nifty 50 index was down 30 points at 17,916.
NTPC was the top gainer in the Sensex 30 stocks, up 1.5 per cent followed by TCS, HCL Technologies, PowerGrid Corporation and Axis Bank.
On the other hand, Mahindra & Mahindra, IndusInd Bank, Infosys and ICICI Bank were the prominent losers in the Sensex 30.
(Updated at 08:11 AM)
Indian market are eyeing a gap-down start on Tuesday as soaring energy and commodity prices stoke inflation fears. SGX Nifty was down 105 points at 17,856 around 8.05 am.
Separately, investors would keenly eye the September CPI Inflation and the Industrial Output for August, wherein encouraging numbers could help markets trim losses.
A total of 6 companies will post their September quarter earnings today, namely BEPL, DRC Systems India, JTL Infra, Ind Bank Housing, IndBank Merchant Banking Services and G.M. Breweries.
The US stock markets
ended the choppy session lower, with Dow Jones Industrial Average down 0.72 per cent, the S&P 500 0.69 per cent and the Nasdaq Composite 0.64 per cent.
In Asia, most markets
declined along with US equity futures. Japan’s Topix index lost 0.8 per cent, South Korea’s Kospi declined 1.8 per cent, Australia’s S&P/ASX 200 Index fell 0.4 per cent and Hong Kong’s Hang Seng Index shed 1.6 per cent. S&P 500 futures were down 0.7 per cent.
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