Market

Sensex, Nifty turn volatile after flat opening; Vodafone-Idea plunges 16%

Updated : October 25, 2019 10:21 AM IST

Six out of 11 sectoral indices traded higher with the Nifty FMCG in the front, up 0.7 percent.

Infosys, SBI, ITC, BPCL and Eicher Motors were the top gainers on the Nifty50.

Vodafone-Idea's shares tanked 16 percent intraday after the Supreme Court rejected the telecom companies' definition of Adjusted Gross Revenue (AGR) on Thursday.

The Indian market turned volatile after opening flat on Friday. The Sensex was trading 111.36 points or 0.29 percent higher at Rs 39,137.63 while the Nifty50 was at 11,611.05, up 28.15 points or 0.24 percent, at 9:38 am.

Six out of 11 sectoral indices traded higher with the Nifty FMCG in the front, up 0.7 percent. On the flip side, the Nifty Metal was the top sectoral loser, down 0.35 percent.

Infosys, SBI, ITC, BPCL and Eicher Motors were the top gainers on the Nifty50 in the morning session while Bharti Infratel, Tech Mahindra, Bharti Airtel, HCL Technologies and Dr Reddy's Laboratories were the top laggards.

Vodafone-Idea's shares tanked 16 percent intraday after the Supreme Court rejected the telecom companies' definition of Adjusted Gross Revenue (AGR) on Thursday. At 9:50 am, the share price was trading 8.05 percent lower at Rs 4 per share on the NSE.

On the global markets' front, Asian shares wobbled on Friday as investors were reluctant to make big bets ahead of key central bank policy meetings next week against the backdrop of slowing global growth, while sterling extended its slide on a fresh bout of Brexit anxiety.

Catch all the latest updates from the stock market here.

Disclaimer: CNBCTV18.com advises users to check with certified experts before taking any investment decisions

Have you signed up for Primo, our daily newsletter?

It has all the stories and data on the market, business, economy and tech that you need to know.

To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

Sensex, Nifty turn volatile after flat opening; Vodafone-Idea plunges 16%

You May Also Like

NMDC announces iron ore price hike for second time

Oil prices surge over 1% after military blockade in Libya disrupts output

Wealth of India's richest 1% more than 4-times of total for 70% poorest: Oxfam

Trending on CNBC-TV18

recommended for you