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Stock Market Today: Nifty, Sensex Erase Early Gains To End Lower As Fall In Asian Paints, Titan Weighs

The NSE Nifty 50 and BSE Sensex ended 0.18% and 0.40% down, respectively.

<div class="paragraphs"><p> (Photo source: Envato)&nbsp;</p></div>
(Photo source: Envato) 
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Asian stocks opened higher tracking overnight Wall Street gains as traders await the implications of the renewed US-China trade war. The tariffs on Canada and Mexico were however put on hold. All eyes will be on the opening of China's stock market after a long break as the country imposed retaliatory tariffs almost immediately after US tariffs came into force. China will also investigate Google for alleged antitrust violations.
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US Futures Decline Before Data Releases 

As of 3:27 p.m., the Dow Jones Industrial Average and S&P futures were trading 0.33% and 0.65% down, respectively. The Nasdaq 100 future was trading 1.03% down.


Economic Data Releases And Events For Feb 5

  • US: Federal Reserve Bank of Richmond President Thomas Barkin will speak to Bloomberg TV — 6:00 p.m.

  • US: ADP Non-farm payroll data — 6:45 p.m.

  • US: Trade Balance — 7:00 p.m.

  • US: FOMC Member Barkin will speak at an event hosted by The Conference Board, in New York — 7:30 p.m.

  • US: Final Services PMI — 8:15 p.m.

  • US: ISM Services PMI — 8:30 p.m.

  • US: Energy Information Administration Crude Oil Inventories data — 9:00 p.m. 


Rupee Ends At Record Closing Low Against US Dollar

Rupee ends 38 paise lower at a record closing low of 87.46 against the US Dollar. It closed at 87.08 on Tuesday, according to data on Bloomberg.


Market At Close 

  • The NSE Nifty 50 resumed its losses after one-day rise.

  • The NSE Nifty 50 and BSE Sensex ended 0.18% and 0.40% down, respectively.

  • ITC Hotels Ltd., Hindalco Industries Ltd. were top gainer.

  • Asian Paints Ltd., and Titan Co Ltd. were top loser.

  • The NSE Nifty Midcap 150 ended 0.74% higher at 19,995.70

  • The NSE Nifty Smallcap 250 ended 1.57% higher at 16,104.40

Stock Market Today: Nifty, Sensex Erase Early Gains To End Lower As Fall In Asian Paints, Titan Weighs
Stock Market Today: Nifty, Sensex Erase Early Gains To End Lower As Fall In Asian Paints, Titan Weighs
Stock Market Today: Nifty, Sensex Erase Early Gains To End Lower As Fall In Asian Paints, Titan Weighs

Stock Market Live Updates: Patanjali Foods Partners With IBSFINtech 

Patanjali Foods has partnered with IBSFINtech to implement treasury management solutions, as disclosed in the company's exchange filing.








































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