Domestic bourses suffered steep loss on last trading day of the week. Today, trading began on a dull note as the key benchmark indices edged lower in early trade due to negative Asian stocks. As the day’s progressed, Indices kept on extending slide.The Nifty 50 index dropped 134 points or 1.9% to settle at 10232.50.
PSU banks shares were the major gainers and Metal shares were the major losers.
Global Markets Update
Baidu tied a strategic partnership with Skyworth to develop an AI-powered smart home ecosystem. Previously Baidu invests $160M for stake in smart TV unit. European shares Jumped up, led by the NEX Group as it surged after a takeover bid, but stocks ended the week with marginal loss as worries about a trade war & geopolitical tensions kept investors on edge.
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