Equities traded lower during early hours on Wednesday amid weak global cues with auto and realty indices showing the most losses.

The International Monetary Fund (IMF) cut its growth forecasts for the global economy for this year and the next.&nbsp;

Global growth is forecast at 3.2 per cent in 2019, picking up to 3.5 per cent in 2020 -- 0.1 per cent point lower than in April projections for both years.

At 10:15 am, the BSE S&amp;P Sensex was down 197 points at 37,786 while the Nifty 50 slipped 71 points to 11,260.

Except for financial services, all sectoral indices at the National Stock Exchange were in the red.&nbsp;

Nifty metal was down 1.21 per cent, auto 1.17 per cent and realty 1.16 per cent.

Among stocks, Bharat Petroleum Corporation edged 3.2 per cent lower while Vedanta was down 2 per cent. Eicher Motors, JSW Steel and Britannia were down by over 1.6 per cent each.

However, HDFC gained 1.6 per cent while Yes Bank moved up by 1.5 per cent. The other gainers were Larsen &amp; Toubro and Hindustan Lever.

Meanwhile, most stocks rose in Asia after reports that the United States and China will resume trade talks next week with US Trade Representative Robert Lighthizer travelling to Shanghai.

Japan`s Nikkei added 0.5 per cent, MSCI`s broadest index of Asia-Pacific shares outside Japan gained 0.4 per cent and Chinese blue chips climbed 1.2 per cent.&nbsp; 
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Equities traded lower during early hours on Wednesday amid weak global cues with auto and realty indices showing the most losses. The International Monetary Fund (IMF) cut its growth forecasts for the global economy for this year and the next.

Equities traded lower during early hours on Wednesday amid weak global cues with auto and realty indices showing the most losses. The International Monetary Fund (IMF) cut its growth forecasts for the global economy for this year and the next. Global growth is forecast at 3.2 per cent in 2019, picking up to 3.5 per cent in 2020 -- 0.1 per cent point lower than in April projections for both years. At 10:15 am, the BSE S&P Sensex was down 197 points at 37,786 while the Nifty 50 slipped 71 points to 11,260. Except for financial services, all sectoral indices at the National Stock Exchange were in the red. Nifty metal was down 1.21 per cent, auto 1.17 per cent and realty 1.16 per cent. Among stocks, Bharat Petroleum Corporation edged 3.2 per cent lower while Vedanta was down 2 per cent. Eicher Motors, JSW Steel and Britannia were down by over 1.6 per cent each. However, HDFC gained 1.6 per cent while Yes Bank moved up by 1.5 per cent. The other gainers were Larsen & Toubro and Hindustan Lever. Meanwhile, most stocks rose in Asia after reports that the United States and China will resume trade talks next week with US Trade Representative Robert Lighthizer travelling to Shanghai. Japan`s Nikkei added 0.5 per cent, MSCI`s broadest index of Asia-Pacific shares outside Japan gained 0.4 per cent and Chinese blue chips climbed 1.2 per cent.

Nifty slips below 11,300 mark, auto and realty stocks drag

The BSE benchmark Sensex Monday fell over 100 points tracking selloff in banking, auto and metal stocks amid mixed cues from global markets.

The 30-share index was trading 109.53 points, or 0.30 per cent, lower at 36,359.90.

Similarly, the 50-share NSE Nifty fell 31.75 points, or 0.29 per cent, to 10,861.90.

On Friday, however, key indices finished with robust gains Friday after the government made a big populist push in its final budget before elections, even as some investors fretted about the fiscal impact of farm sops and tax rebates.

The BSE Sensex had climbed 212.74 points, or 0.59 per cent, to finish at 36,469.43, while the broader NSE Nifty rose 62.70 points, or 0.58 per cent, to 10,893.65.

Top gainers in the Sensex pack include ONGC, RIL, HCL Tech, Vedanta, HUL, Coal India, HDFC Bank, HDFC, TCS and Infosys, rising up to 2.39 per cent. 
On the other hand, Yes Bank, Tata Steel, Hero MotoCorp, ICICI Bank, Bharti Airtel, IndusInd Bank, M&amp;M, PowerGrid and Tata Motors were the top losers, falling up to 3.15 per cent.

On a net basis, foreign portfolio investors (FPIs) bought shares worth a net of Rs 1,315.89 crore Friday, and domestic institutional investors (DIIs) were net sellers to the tune of Rs 5.07 crore, provisional data available with BSE showed.

Elsewhere in Asia, Shanghai Composite Index jumped 1.30 per cent, Hong Kong's Hang Seng rose 0.02 per cent, and Japan's Nikkei gained 0.53 per cent; while Kospi slipped 0.06 per cent in early trade.

On Wall Street, Dow Jones Industrial Average ended 0.26 per cent higher on Friday.

The rupee, meanwhile, depreciated 37 paise against US dollar to 71.64.

The benchmark Brent crude futures fell 0.16 per cent to USD 62.65 per barrel.

The BSE benchmark Sensex Monday fell over 100 points tracking selloff in banking, auto and metal stocks amid mixed cues from global markets. The 30-share index was trading 109.

The BSE benchmark Sensex Monday fell over 100 points tracking selloff in banking, auto and metal stocks amid mixed cues from global markets. The 30-share index was trading 109.53 points, or 0.30 per cent, lower at 36,359.90. Similarly, the 50-share NSE Nifty fell 31.75 points, or 0.29 per cent, to 10,861.90. On Friday, however, key indices finished with robust gains Friday after the government made a big populist push in its final budget before elections, even as some investors fretted about the fiscal impact of farm sops and tax rebates. The BSE Sensex had climbed 212.74 points, or 0.59 per cent, to finish at 36,469.43, while the broader NSE Nifty rose 62.70 points, or 0.58 per cent, to 10,893.65. Top gainers in the Sensex pack include ONGC, RIL, HCL Tech, Vedanta, HUL, Coal India, HDFC Bank, HDFC, TCS and Infosys, rising up to 2.39 per cent. On the other hand, Yes Bank, Tata Steel, Hero MotoCorp, ICICI Bank, Bharti Airtel, IndusInd Bank, M&M, PowerGrid and Tata Motors were the top losers, falling up to 3.15 per cent. On a net basis, foreign portfolio investors (FPIs) bought shares worth a net of Rs 1,315.89 crore Friday, and domestic institutional investors (DIIs) were net sellers to the tune of Rs 5.07 crore, provisional data available with BSE showed. Elsewhere in Asia, Shanghai Composite Index jumped 1.30 per cent, Hong Kong's Hang Seng rose 0.02 per cent, and Japan's Nikkei gained 0.53 per cent; while Kospi slipped 0.06 per cent in early trade. On Wall Street, Dow Jones Industrial Average ended 0.26 per cent higher on Friday. The rupee, meanwhile, depreciated 37 paise against US dollar to 71.64. The benchmark Brent crude futures fell 0.16 per cent to USD 62.65 per barrel.

Sensex drops over 100 points; bank, auto stocks fall

Markets staged a strong comeback Wednesday after the recent rout as investors started accumulating battered financials, auto and metal stocks amid the rupee recovering from record lows.

The BSE Sensex, after a gap up opening at 34,493.21, rallied to hit a high of 34,858.35 before concluding 461.42 points, or 1.35 per cent higher at 34,760.89.

The broader Nifty too reclaimed the key 10,400 mark. It touched a high of 10,482.35, before finally settling at 10,460.10, showing a significant gain of 159.05 points, or 1.54 per cent.

Key indices stayed in the positive terrain through the session as buying activity gathered momentum.&nbsp;

The Sensex had lost nearly 175 points Tuesday as the rupee plunged to a record low amid unabated capital outflows by foreign funds.

Sentiment also got a lift after the SBI, coming to the rescue of cash-strapped NBFCs, decided Tuesday to buy their assets to the tune of Rs 45,000 crore, a move that will provide liquidity support to non-banking financing companies facing headwinds after a series of loan defaults by IL&amp;FS group firms.

RBI's decision to inject Rs 12,000 crore liquidity into the system through purchase of government bonds on October 11 to meet festive season demand for funds also boosted the sentiment here, market watchers said.

The rupee recovered by 34 paise to 74.05 (intra-day) against the dollar at the forex market Wednesday.

Selling also halted at emerging markets after the dollar turned weak from seven-week highs and steady crude oil prices also positively impacted sentiment.

Meanwhile, Brent crude, the international benchmark, was hovering around USD 84.30 a barrel.

Domestic institutional investors (DIIs) were net buyers as they bought shares worth Rs 1,526 crore Tuesday while foreign portfolio investors (FPIs) offloaded equities amounting to Rs 1,242 crore, provisional data showed.

Benchmarks largely benefited from value buying in beaten-down stocks, led by Maruti Suzuki, Tata Steel, Yes Bank and SBI amid a better trend at other Asian markets, traders said.&nbsp;

Markets staged a strong comeback Wednesday after the recent rout as investors started accumulating battered financials, auto and metal stocks amid the rupee recovering from record lows.

Markets staged a strong comeback Wednesday after the recent rout as investors started accumulating battered financials, auto and metal stocks amid the rupee recovering from record lows. The BSE Sensex, after a gap up opening at 34,493.21, rallied to hit a high of 34,858.35 before concluding 461.42 points, or 1.35 per cent higher at 34,760.89. The broader Nifty too reclaimed the key 10,400 mark. It touched a high of 10,482.35, before finally settling at 10,460.10, showing a significant gain of 159.05 points, or 1.54 per cent. Key indices stayed in the positive terrain through the session as buying activity gathered momentum. The Sensex had lost nearly 175 points Tuesday as the rupee plunged to a record low amid unabated capital outflows by foreign funds. Sentiment also got a lift after the SBI, coming to the rescue of cash-strapped NBFCs, decided Tuesday to buy their assets to the tune of Rs 45,000 crore, a move that will provide liquidity support to non-banking financing companies facing headwinds after a series of loan defaults by IL&FS group firms. RBI's decision to inject Rs 12,000 crore liquidity into the system through purchase of government bonds on October 11 to meet festive season demand for funds also boosted the sentiment here, market watchers said. The rupee recovered by 34 paise to 74.05 (intra-day) against the dollar at the forex market Wednesday. Selling also halted at emerging markets after the dollar turned weak from seven-week highs and steady crude oil prices also positively impacted sentiment. Meanwhile, Brent crude, the international benchmark, was hovering around USD 84.30 a barrel. Domestic institutional investors (DIIs) were net buyers as they bought shares worth Rs 1,526 crore Tuesday while foreign portfolio investors (FPIs) offloaded equities amounting to Rs 1,242 crore, provisional data showed. Benchmarks largely benefited from value buying in beaten-down stocks, led by Maruti Suzuki, Tata Steel, Yes Bank and SBI amid a better trend at other Asian markets, traders said.

Markets stage relief rally; banking, auto stocks lead

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