MARKET WRAP: Sensex down 306 pts, Nifty fails to hold 10,450; OMCs drag

Benchmark indices fell on Wednesday pulled down by oil companies

8:36 AM

Asian Markets

Asian stocks slipped Wednesday after US President Donald Trump's said he was "not satisfied" with the latest round of trade talks with China, with Japan leading losses in the region.

 

Japan's Nikkei 225 fell 1.29 per cent amid the move higher in the yen and the broader Topix was off by 0.98 per cent. MSCI's index of shares in Asia Pacific excluding Japan slipped 0.11 per cent in morning trade and equity benchmarks from Hong Kong to Sydney fell.

8:33 AM

Wall Street

US stocks ended lower on Tuesday, weighed down by lingering uncertainty over the outcome of trade talks between the US and China and declines in energy and industrial shares.

 

The Dow Jones Industrial Average fell 178.88 points, or 0.72 per cent, at 24,834.41, the S&P 500 lost 8.57 points, or 0.31 per cent, to 2,724.44 and the Nasdaq Composite dropped 15.58 points, or 0.21 per cent, to 7,378.46.

8:30 AM

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