Sensex edges lower amid weak global cues [Reuters]
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Source: Reuters
Sensex edges lower amid weak global cues | Reuters 3 Min Read (Reuters) - Indian shares edged lower on Monday, tracking weak Asian peers, as growing trade tensions between the United States and major economies of the world continued to dampen investors sentiment. A Wall Street Journal report on Sunday said U.S. plans curbs on Chinese investment in U.S. technology firms, triggering a fall in Asian shares. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.25 percent while Japan’s Nikkei lost 0.4 percent. “A little bit of uncertainty is there with the ongoing trade spats and there are no cues this week apart from F&O; expiry which is creating some volatility,” said Hitesh Agarwal, EVP and Head – Retail Research, Religare Broking. The broader NSE Nifty was down 0.15 percent at10,805.55 as of 0615 GMT while the benchmark BSE Sensex was 0.17 percent lower at 35,629.98. “Over the past few weeks, Nifty is hovering around the 10,500-10,800 range and as of now there are no direc
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