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Nifty drops to lowest since October, ends below 10,000 on trade war fears

The Nifty posted its lowest close since October 11, closing 1.9 percent lower for the week

Reuters 

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Indian shares fell over 1 percent on Friday, with the broader index closing below the 10,000 level for the first time since October, after heated rhetoric between the United States and China over import tariffs sparked fears of a global

The closed 1.15 percent lower at 9,998.05, while the benchmark ended down 1.24 percent at 32,596.54.

The posted its lowest close since Oct. 11, closing 1.9 percent lower for the week. The posted its lowest close since Oct. 23, declining 1.8 percent this week.

Banking stocks were the biggest losers, with HDFC Bank Ltd shedding 1.4 percent and ICICI Bank Ltd ending 2.7 percent lower.

 

 

First Published: Fri, March 23 2018. 17:18 IST
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