Friday 16 March 2018

Today's Stock Market Trading Tips-Sensex extends losses after TDP quits NDA govt; Coal India sinks 6%

Benchmark indices started off last day of the week on a negative note amid sluggish global cues and trade war concerns.
The 30-share BSE Sensex was down 123.61 points at 33,561.93 and the 50-share NSE Nifty fell 33.10 points to 10,327.10.

Nifty Midcap was up 23 points. Jaiprakash Associates rallied 15 percent.
Religare Enterprises lost 4 percent after Edelweiss called off deal with the company.
Gravita India, Dilip Buildcon, Graphite India and ITDC gained up to 7 percent while Central Bank of India, IDBI Bank, SBI and PNB were mildly lower.
Asian markets were mostly lower on the last day of the trading week amid a backdrop of global trade-related developments and news out of Washington.
In Tokyo, the Nikkei 225 gave up earlier gains to slip 0.57 percent and in Seoul, the Kospi edged down 0.49 percent.
China's Shanghai Composite was down 0.12 percent and Hong Kong's Hang Seng dropped 0.3 percent.
The Dow Jones industrial average rose 115 points on Thursday, but the S&P 500 and Nasdaq composite closed lower as investors assessed the possibility of a trade war.


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