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Stock impact report

Nifty, Sensex fall for sixth session as Zee, Vedanta drag [Reuters]

Vedanta Limited American Depositary Shares (Each representing four equity shares) (VEDL) 
Company Research Source: Reuters
Nifty, Sensex fall for sixth session as Zee, Vedanta drag - Reuters 3 Min Read (Reuters) - Indian shares fell on Wednesday, tracking broader Asian equities, with investors switching to safe-haven government bonds as risk appetite was dented on worries of an unsuccessful U.S.-China trade negotiation. Chinese Vice Premier Liu He will travel to Washington for a two-day meet beginning Thursday in a last ditch attempt to avoid a sharp increase in tariff on $200 billion worth of Chinese goods. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.75 percent, stooping to its lowest level since late March. Benchmark 10-year yields on U.S. Treasuries, German bunds and Japanese government bonds (JGBs) sank to one-month lows. The NSE Nifty was down 0.80 percent at 11,405.5 as of 0601 GMT, while the BSE Sensex was 0.77 percent lower at 37,980.93. Both the exchanges were on track to post sixth straight session of losses, their worst run in nearly two months. Subdued corporate results a Show less Read more
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