Key Indian equity market indices open in red

Mumbai: Taking a cue from muted trend of global markets, the key Indian equity market indices on Thursday opened lower.

The Sensitive Index (Sensex) of the BSE, which had closed at 35,217.11 points on Wednesday, opened lower at 35,207.19 points.

Minutes into trading, it was quoting at 35,171.66 points, down by 45.45 points, or 0.13 per cent.

At the National Stock Exchange (NSE), the broader 51-scrip Nifty, which had closed at 10,671.40 points on Wednesday, was quoting at 10,651.45 points, down by 19.95 points or 0.19 per cent.

Negative global cues, including rising crude oil prices and the escalating trade war concerns along with a weak Indian rupee, pulled the domestic equity indices deep into the red on Wednesday.

The Sensex was down by 272.93 points or 0.77 per cent at the Wednesday’s closing. In the day’s trade, the barometer 30-scrip sensitive index had touched a high of 35,618.85 points and a low of 35,154.21 points. The Nifty, too, was down by 97.75 points or 0.91 per cent.

On Thursday, Asian indices were showing a mixed trend. Japan’s Nikkei 225 was quoting in red, down by 0.27 per cent while Hang Seng was up by 0.52 per cent, South Korea’s Kospi was down by 0.62 per cent. China’s Shanghai Composite index was trading in green, up by 0.25 per cent.

Overnight, Nasdaq closed in red, down by 1.57 per cent while FTSE 100 was up by 1.10 per cent at the closing on Wednesday.