Domestic stock markets started on a negative note today, ahead of the outcome of the Reserve Bank of India‘s fifth bi-monthly policy review.
The S&P BSE Sensex opened at 36,035.65, and the Nifty50 barometer of the National Stock Exchange (NSE) started at 10,820.45. At 9:17 am, the Sensex was at 35,949.25, down 185.06 points or 0.51 per cent and the Nifty50 was at 10,808.55, with a loss of 60.95 points or 0.56 per cent.
Asian stocks slid, dragged down by Wall Street’s tumble as sharp declines in long-term US Treasury yields and resurgent trade concerns stoked investor worries about global economic growth. MSCI’s broadest index of Asia-Pacific shares outside Japan was down 1.4 per cent, reported.
In the last session, Sensex had closed at 36,134.31 and the Nifty at 10,869.>