Mumbai: Indian benchmark indices BSE Sensex and NSE’s Nifty 50 declined over 1% on Thursday, marking their worst closing levels in two weeks, dragged down mainly by finance, auto and realty stocks amid weak cues from global equity markets. Investors were also cautious ahead of the assembly election results, which might set tone for the 2019 general elections. Stocks in Europe and Asian fell along with US futures after Canada arrested Huawei Technologies CFO for extradition to the US, raising fears of a fresh flashpoint in tensions between the US and China. Oil prices dipped as traders eyed an OPEC meeting expected to result in a supply cut. The Reserve Bank of India on Wednesday kept key interest rates unchanged, maintaining a “calibrated tightening” stance. Here are the latest updates from the markets:
[“source=moneycontrol].
