Sensex falls 184 points, Nifty slips nears 8,000 on negative global cues

stock market down On Thursday morning session, the benchmark indices continued to trade  lower on negative global cues. At 10.15 am, the BSE Sensex was trading at 26,058, down 184 points, while the broader Nifty50 was ruling at 8,002, down 59 points.

Among individual stocks, Maruti Suzuki, Adani Ports, and Axis Bank declined the most on Sensex, while Sun Pharma, TCS and ITC gained up to 1 percent.

On the other side, investors are on the lookout of the 2-day GST Council meet which begins later in the day. The GST Council will talk about drafts of the model GST, integrated GST and the states’ compensation Bills.

In Global markets Asian shares struggled today. MSCI’s broadest index of Asia-Pacific shares outside Japan was a bit higher in early trade. Japan’s Nikkei stock index slumped 0.6 percent. China’s Shanghai Composite was down 0.2 percent, while Hong Kong’s Hang Seng index shed 1 percent.

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