Market Live: Sensex, Nifty trade lower after North Korea missile launch

The Sensex BSE benchmark index fell by more than 68 points in the morning hours Friday, breaking its winning streak to six sessions, due to reserve profits on power, metal, consumer durables and reserves. health in the middle of the Asian debuts after North Korea launched another missile in Japan.

Brokers said investors saw gains amid a weak trend in Asian markets, while geopolitical tensions resumed after North Korea fired another missile in the north of the island of Japan. Among other Asian markets, Hang Seng of Hong Kong lost 0.51%, while Shanghai Composite Index fell by 0.34% in the first operations. The Nikkei of Japan, however, rose 0.10%. The US Dow Jones was up 0.20 percent on Thursday. Here are the latest updates on the market:

■ 10.34am: BSE Sensex fell 47 points, or 0.15%, to 32,194, while the Nifty 50 lost 25 points, or 0.25%, to 10,062.

■ 10:25 am: ICICI Lombard General Insurance Co. Ltd’s initial public offering opens on Friday. The IPI ICICI Lombard, a pure offering for sale, see Bank ICICI and Fairfax Financial Holdings Ltd sell about 86.24 million shares with a price range of Rs651-661 per share. ICICI Lombard expects to raise up to 5.7 billion rupees.

■ 10.27am: Tata Sons Ltd is seeking to change its status from a limited liability company to a privately held company and requested the approval of its shareholders to change its articles of incorporation and bylaws, according to the business standard Friday.

■ 10.05am: SSEX EEB decreased by 35 points, or 0.11%, to 32,207, while the Nifty 50 fell 20 points, or 0.20%, to 10 067.

■ 10 am: Max Financial Services Ltd rose 3.6 percent to Rs621.05 after a major blockade. About 6.20 million shares or 2.3% of the company’s stake have changed hands in two block deals, Bloomberg said. However, the details of buyers and sellers were not known.

■ 9.55am: Indiabulls Ventures Ltd gained 4% at Rs294.10 after brokerage firm CLSA said Indiabulls Ventures, portfolio model.

■ 09:50: Coal India rose 1.5% to Rs258.70 after a bulletin says it is on track to reach 1 billion tons of target production.

■ 9.26am: BSE Sensex opened almost unchanged at 32,245, down 1 point. The NSE Nifty opened 6 points lower, or 0.06%, to 10,080.

■ 09:20: Bharati Defense and Infrastructure Ltd increased by 20% to Rs10.84 after Economic Times reported that German Dry Dams Group approached Bharati Lender Defense and Infrastructure (formerly Bharti Shipyard) for a possible acquisition, setting its value approximately $ 370 million .

■ 9:18 am: The rupee opened at $ 64.16. At 9:15, the rupee was trading at 64.12 dollars, up 0.01% compared to 64.13 closing on Thursday.

■ 9:15 am: 10-year bond yield was 6.579% compared to the previous close of 6.59%. Bond yields and prices move in opposite directions.

■ 9:10 am: Asian currencies are trading higher. The Malaysian ringgit increased 0.41% 0.14% Indonesia Romania, the Japanese yen 0.12% 0.07% of China’s renminbi, the Taiwan dollar 0.07%, the Singapore dollar to 0, 06%. However, China spot offshore has decreased by 0.11%, the Philippine peso by 0.11%, South Korea 0.06%. The dollar index, which measures the strength of the dollar against major currencies, was trading at 92,068, down 0.06% from its previous close of 92,124.

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