Highlights
Indian benchmark indices BSE Sensex and NSE’s Nifty 50 traded cautious, taking cues from Asian markets. Photo: Hindustan Times
- Mumbai: Indian benchmark indices BSE Sensex and NSE’s Nifty 50 traded little changed, taking cues from Asian markets. The Sensex rose over 120 points in the opening trade led by gains in IT stocks such as Infosys and TCS. However, losses in auto and metal stocks dragged the indices lower. Asian stocks were mixed as investors weighed reports that US President Donald Trump has discussed firing Federal Reserve Chairman Jerome Powell, and the impact of a partial US government shutdown. Stocks slid in Hong Kong and South Korea, while shares rose in China and Australia.Oil prices dipped half a percent ahead of the Christmas holiday break, adding to last week’s steep losses on concerns about a global oversupply. Here are the latest updates from the markets: