Key benchmark indices were trading marginally lower in early trade on Friday amid muted global cues. investors remained cautious awaiting new GST rules which will be finalized by the Council later today.
At 10.15 am, the barometer index, the BSE Sensex, was down 38.77 points or 0.13% at 29,608.65. The Nifty50 index was currently down 9.50 points or 0.10% at 9,164.25.
Reliance, Tata Steel, Axis Bank and ONGC were the top gainers, whereas ICICI Bank, HDFC, HDFC Bank, and Wipro were the biggest laggards.
Asian shares were mixed with U.S. dollar extending its overnight gains today on cues of strong US economic growth, while the euro inched up after slipping overnight on data suggesting slowing growth in Europe.
