New Delhi: The benchmark equity indices started the week on a gloomy note as both Sensex and Nifty opened lower on global cues.
During the opening-bell, Sensex started at 38,151 down 0.53% while the broader Nifty also slipped 0.50% at 11,360.85.
Key companies which will announce their June quarter results on Monday are Kotak Mahindra Bank, United Spirits, Dewan Housing Finance Corporation (DHFL), Oriental Bank of Commerce, TVS Motor Company, ICICI Securities, Just Dial, GlaxoSmithKline Pharmaceuticals and Mastek.
Globally, Asia stocks eased on Monday as investors reduced expectations of an aggressive interest rate cut by the Federal Reserve, while heightened Middle East tensions following an Iranian seizure of a British tanker lifted crude oil prices.
MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.1%. South Korea’s KOSPI shed 0.3%, Australian stocks lost 0.2% and Japan’s Nikkei fell 0.5%.
Here are the live updates of the markets:
9:15 am: Sensex started at 38,151 down 0.53% while the broader Nifty also slipped 0.50% at 11,360.85.
10:00 am: Yes Bank up over 4% and is the best performing stock on NSE.
10:35 am: HDFC twin shares trader lower post Q1 results. Shares of HDFC is down 3.94% and HDFC Bank has shredded 2.97%. Both the stocks are biggest loser on NSE.
