Sensex, Nifty Marginally Lower In Early Trade
(RTTNews.com) - Indian shares were marginally lower on Friday, tracking weak global markets as trade and growth worries persisted.
The benchmark BSE Sensex was down 63 points or 0.17 percent at 36,369 while the broader Nifty index was down 14 points or 0.13 percent at 10,937.
Both the indexes finished marginally lower in the previous session to snap a seven-session winning streak.
Bank of Baroda and PNB were up 1-2 percent after the government said it would infuse Rs. 83,000 crore in state-run banks in the next few months.
TCS dropped 1 percent and Infosys lost 2 percent, a day after the Indian rupee staged big recovery to end below 70 against the dollar.
Mahindra and Mahindra rallied 2.2 percent after announcing the launch of its upcoming compact SUV named XUV300 in February next year.
Bharti Airtel climbed 2 percent on fund raising reports.
ONGC was marginally lower after its board approved buyback of 25.29 crore shares for Rs 4,022 crore.
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