Key Indian equity indices open in green

Value buying, easing of 'trade war' fears lift equities after 6-day fall

On concerns regarding the possibility of global trade wars impacting India, Mr Choksey noted that India imports more than what it exports and we have fair trade equation with both USA and the European Union.

The barometer 30-scrip Sensitive Index (Sensex) of the BSE closed at 33,307.14 points - down 44.43 points or 0.13 per cent from its previous session's close. The BSE market breadth was bullish with 711 advances and 485 declines. Both BSE MidCap and BSE SmallCap index rose 0.56% and 0.50% respectively.

On similar lines, the NSE Nifty was up by 35.35 points, or 0.34 percent, at 10,278 points.

Gary Cohn may return to White House
At the White House, an upbeat Trump chatted with the steelworkers, invited them to the Oval Office and autographed a hard hat. The press secretary also said the president would meet with members of the military from all five branches during his visit.

Among sectoral indices, the BSE metal index was the biggest loser during Friday's session as it slid 1.94 per cent after US President Donald Trump signed two proclamations that imposed tariffs on some steel and aluminium imports.

On Thursday, value buying by investors, along with positive global markets on the back of easing of trade war fears, propelled the key indices.

On the currency front, the Indian rupee weakened by 26 paise to close at 65.15 against the United States dollar from its previous close at 64.89.

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"Inflation is expected to come down to 4.74 per cent in February which will ease bond yields in the near term", said Vinod Nair, Head of Research, Geojit Financial Services. However, domestic institutional investors sold stocks worth Rs 65 crore.

Metal, HealthCare, PSU Bank were worst hit followed by Power, Oil&Gas, Capital Goods, IPOs, Realty, Banks, Auto, FMCG, Teck and IT segments.

Major Sensex gainers on Friday were: HDFC, up 1.17 per cent at Rs 1,818.45; Tata Consultancy Services, up 1.10 per cent at Rs 3,034.50; Infosys, up 0.58 per cent at Rs 1,163.40; Hindustan Unilever, up 0.56 per cent at Rs 1,300.60; and Larsen and Toubro, up 0.54 per cent at Rs 1,290.15. On the other hand, Tata Steel, Sun Pharma, YES Bank, TCS and Tata Motors were the losing stocks tanking as much as 1.98%.

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In a truly odd interview on MSNBC, legal experts advised Nunberg on the ways he could minimize the scope of the subpoena. That's what they want. "I am not going around doing interviews". "Donald Trump won this election on his own".

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