By RTT News,
January 02, 2014, 11:35:00 PM EDT
(RTTNews.com) - Indian shares eased slightly on Friday, tracking weak cues from the U.S. and European markets overnight and a subdued trend across Asia this morning.
The benchmark BSE Sensex is currently down 59 points or 0.28 percent at 20,829, with 25 of its components declining. The broader Nifty index is at 6,199, down 22 points or 0.35 percent from its previous close.
Banks remain under selling pressure, with SBI and ICICI Bank down over a percent each.
Tata Motors is declining 2.3 percent as it reported sales of 37,852 vehicles in December, down 42 percent from a year earlier.
TVS Motor is losing 1.1 percent after posting a 2 percent increase in total sales in December. Hero MotoCorp is down 0.1 percent after unveiling sales numbers for December.
Coal India is edging down 0.3 percent after the state-run miner missed both its production and sales targets for the first nine months of the current fiscal year.
NTPC is declining 0.6 percent and Tata Power is down 1.32 percent as the Cabinet Committee on Economic Affairs relaxed the criteria for power generation projects to qualify as mega power projects.
Alstom T & D India is moving up 0.4 percent and HCC is rallying 4.3 percent on winning new orders.
MCX is climbing 3 percent after its board selected Manjor Vaish as its new MD & CEO. Claris Lifesciences is gaining 3.4 percent ahead of a board meet next week to consider a share buyback.
The BSE Sensex fell 252 points or 1.19 percent to 20,888 on Thursday, its largest single-day loss since November 21, while the broader Nifty index fell 81 points or 1.28 percent to 6,221.
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