Sensex down more than 100 points on weak global cues

Mumbai, Nov 9 Benchmark stock indices opened on a negative note Friday following feeble worldwide signals after the US Federal Reserve left key loan fees on hold the previous evening, however implied a rate hike next month.

The BSE Sensex was exchanging 114.08 points, or 0.32 percent, bring down at 35,123.60. It had dropped 226.45 points in opening exchange.

The 30-share index had surged 246 in the uncommon Muhurat session Wednesday to stamp the start of Hindu Samvat year 2075.

The NSE Nifty saw comparable development, and was exchanging 31.05 points, or 0.29 percent, bring down at 10,567.35.

The share trading system was shut Thursday by virtue of Diwali Balipratipada.

Top losers toward the beginning of the day session include Bharti Airtel, Wipro, Infosys, Tata Steel, ITC, ONGC, HDFC, NTPC and SBI, falling up to 1.65. percent.

Bucking the weak market trend, Yes Bank, Adani Ports, IndusInd Bank, PowerGrid, Asian Paints, Sun Pharma and Hero MotoCorp ascended to 2.36 percent.

Offers of avionics organizations increased because of softening of crude oil costs. InterGlobe Aviation, SpiceJet and Jet Airways were trading up to 2 percent higher.

US West Texas Intermediate (WTI) raw petroleum fates were at $60.62 per barrel, down 5 cents from their last settlement.

In the mean time, the rupee acknowledged 35 paise to 72.65 against the dollar in early exchange, tailing US mid-tem election results and facilitating raw petroleum costs.

As indicated by temporary information accessible with the BSE, remote portfolio financial specialists (FPIs) purchased shares worth a net of Rs 31 crore Wednesday, while residential institutional speculators (DIIs) were net purchasers too to the tune of Rs 27 crore.

Somewhere else in Asia, Japan's Nikkei was trading 0.93 percent down, Shanghai Composite list fell 1.29 percent, while Hong Kong's Hang Seng dove 2.39 percent and Taiwan Weighted was down 1.40 percent in their initial sessions.

On Wall Street, the S&P 500 lost 0.25 percent and the Nasdaq shed 0.53 percent after the Fed's statement.