ANI
20 Jan 2020, 10:33 GMT+10
Mumbai (Maharashtra) [India], Jan 20 (ANI): Equity benchmark indices were in the negative zone during early hours on Monday as concerns over a cut in supply from Libya sent oil prices higher.
At 10:15 am, the BSE SP Sensex was down by 136 points to 41,810 while the Nifty 50 edged lower by 43 points at 12,310. Except for Nifty FMCG and realty, all sectoral indices at the National Stock Exchange were in the red.
Among stocks, IndianOil Corporation fell by 3.71 per cent at Rs 118.10 per share. IT majors too were down with HCL Technologies slipping by 1.6 per cent, Tata Consultancy Services by 1.3 per cent and Wipro by 1.1 per cent.
The other prominent losers were Zee Entertainment, UPL, Kotak Mahindra Bank, Adani Port, Bharti Airtel and Hero MotoCorp.
But Power Grid Corporation gained by 3.9 per cent at Rs 205.15 per cent. Bharat Petroleum Corporation, Bharti Infratel, ITC and Asian Paints witnessed marginal gains.
Meanwhile, Asian shares traded higher as Wall Street extended its run of record peaks on solid US economic data. But prices jumped as oilfields in southwest Libya began shutting down after forces loyal to Khalifa Haftar closed a pipeline, potentially reducing national output to a fraction of its normal level.
MSCI's broadest index of Asia Pacific shares outside Japan firmed by 0.1 per cent after notching its highest close since June 2018. Japan's Nikkei added 0.2 per cent to be near its highest in 15 months.
The Shanghai Composite was up by more than 0.29 per cent but the Hang Seng index slipped fractionally. (ANI)Get a daily dose of Irish Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Irish Sun.
More InformationWASHINGTON, D.C.: Former U.S. President Donald Trump says he wants to cut federal funding for colleges that allow what he calls illegal...
CNN - In a recent interview with CNN's Christiane Amanpour, Canadian Foreign Minister Mélanie Joly expressed strong opposition to President...
NEWARK, New Jersey: Over the weekend, a FedEx Boeing 767 cargo plane hit a bird while taking off from Newark Airport. One of its...
WASHINGTON, D.C.: The Pentagon told its civilian employees that they must provide a list of five bullet points detailing their accomplishments...
MELBOURNE, Australia: An Australian warship rescued Lithuanian adventurer Aurimas Mockus this week after he became stranded in the...
WASHINGTON, D.C.: The U.S. is sending about 3,000 more soldiers to the U.S.-Mexico border as President Donald Trump pushes to stop...
DUBLIN, Ireland: Drivers in Ireland overpaid more than 350,000 euros in tolls last year across nine motorways and tunnels, according...
DUBLIN, Ireland: Ireland could face fines of up to 27 billion euros for failing to meet EU emissions targets, a new report has warned....
DUBLIN, Ireland: Homelessness in Ireland has reached an all-time high, with 15,286 people in emergency accommodation in January 2025,...
DUBLIN, Ireland: Coffeewerk + Press, located on Quay Street in Galway city center, ranked 39th on the prestigious list—it is the only...
(Photo credit: Jonathan Hui-Imagn Images) Second-seeded Iga Swiatek, who has yet to win a tournament this year, got off to a strong...
Mohammad Sharifullah, a member of ISIS-K, has been linked to the deadly assault on the Crocus City Hall concert venue in Russia ...