Equity benchmarks Sensex and Nifty ended marginally lower yesterday following losses in index majors Reliance Industries Ltd, ICICI Bank and HDFC twins. The S&P BSE Sensex fell 0.1% at 52,275.57, while NSE Nifty 50 Index declined slightly to 15,740.10.
Stocks slipped in Asia after the dollar climbed and Treasuries rose, with investors assessing the impact of the latest tit-for-tat in the trade war as well as sanctions on Russia that hit the ruble.
Stocks To Watch: Biocon, Future Retail, GAIL, InterGlobe, Ultratech — Stocks in Asia and U.S. equity futures fell, building on losses on Wall Street after a sell-off in technology shares bruised trader sentiment before a key Federal Reserve policy meeting.
Gold Silver Reports (GSR) – Indian Oil, BPCL Fall On Report That They May Buy Stake In GAIL — Shares of Indian Oil and Bharat Petroleum fell as much as 4.7 percent and 4.1 percent each respectively as both the companies may buy 26 percent stake each in gas utility GAIL (India) Ltd., paying the government over Rs 20,000 crore each to become integrated energy firms, news agency Press Trust of India reported.