IndiaIndian shares flat, Asian Paints soars after strong results
Chris Thomas
2 minute read
A man walks past the Bombay Stock Exchange (BSE) building in Mumbai, India October 4, 2018. REUTERS/Francis Mascarenhas
Indiaâs benchmark Nifty 50 stock index was flat in volatile trading on Friday as losses in heavyweight IT and financial shares offset a surge in Asian Paints following strong quarterly results.
The NSE Nifty 50 index (.NSEI) edged down 0.09% to 14,683.2 by 0459 GMT, while the S&P BSE Sensex (.BSESN) was 0.03% higher at 48,702.98. Both indexes are set to finish the holiday-shortened week about 1% lower after losses earlier in the week on U.S. inflation worries.