The NSE Nifty closed 18 points lower at 10,799.85, triggered by weak global cues in the wake of escalation of trade tariff war between the US and China.
Shares of Adani Green Energy, an associate company of Adani Enterprises, rose by 5 percent today in its debut trade post demerger.
Shares of ICICI Bank rose by 4 per cent, adding Rs 6,631.15 crore to its market valuation, amid reports of reshuffle of top management.
Indian equity ended lower mainly due to sell-offs in metal, bank and IT counters as investors turned cautious over escalation of trade tariff spat between US, China.
BSE benchmark Sensex closed lower by about 74 points at 35,548.26 in a choppy trade amid flaring up of trade tariff tensions between the US and China, forcing investors to adopt a cautious stance.
The key Indian equity indices traded on a flat-to-negative note afternoon tracking weakness in the benchmark global markets and ressurgent concerns of a global trade war.
Shares of Vedanta and Dr Reddy's Labs fell up to 4 per cent on BSE as the 30-share Sensex rejig came into effect.
Rupee pared morning losses and was trading 1 paisa higher to 68 against the American currency in late morning deals amid bouts of dollar-selling by banks and exporters.
Indian equity indices on Monday opened on a flat note
Fluctuations in the prices of crude oil along with the pace of the monsoon's progress will drive the trajectory of the key equity indices next week, analysts opined.
U.P. Govt cancels Purvanchal Expressway bids
Co's Rs 1,740 Cr bid for expressway section cancelled
U.P. Govt to re-invite bids for expressway project
Settles Abraxane patent dispute with Celgene Corp
Partner Apotex may sell generic of Abraxane in U.S.
Telecom Department may clear Vodafone-Idea merger today
Dr. Reddys new drug hits legal hurdle
U.S. court issues restraint order following patent litigation over Suboxone
Company remains confident in its legal positions on this patent Court order does not include a prohibition on commercial manufacturing of the product
The court has scheduled an expedited hearing of the preliminary injunction for June 28 Ruling is expected soon thereafter
Board mulls reshuffle of top management
ICICI Prudential Life Chief Bakshi may be named ICICI bank interim