Equity benchmark indices started on a
weaker note on Monday opening trade on negative global signals after the US stroke
missile attack on Syria following which prices of oil rose setting off a
downturn in investor sentiments. The benchmark Sensex hit a day’s bottom
of 33,900 levels while the NSE indicator Nifty 50 slumped to a day’s low
of 10,396 levels on Monday.
Shares of IT major Infosys Ltd were
the biggest losers among the BSE Sensex after the company announced
its earnings results for the quarter and the financial year ended 31 March
2018.
Shares of Gruh Finance Limited rose 3
percent to Rs 632 after the company announced a net profit of Rs. 130 crore in
March quarter.
Shares of United Spirit Ltd rose 0.70%
at 3,509.20 after the company approved a stock split in the ratio of 5:1.
Shares of Dilip Buildcon Limited rose
0.80% at 1149.65 after the company has incorporated five new special purpose
vehicles Companies for five projects awarded by the NHAI valued at Rs. 6306.9
Crores.
The Indian rupee weakened against
US dollar in the midst of geopolitical worries over Syria and trade war
concerns. The rupee was trading at 65.38 against US dollar, down 0.26 percent
from its Friday’s close of 65.22.
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