Sensex falls almost 300 points; Infosys tanks 4%

Tension in Middle East pull back Indian indices

Negative global cues depress domestic equity indices

Wholesale inflation was 2.48 per cent in February and 5.11 per cent in March a year ago.

Overseas, European shares were broadly flat, however, adding to a mixed picture in Asian stock markets and suggesting that a degree of caution still prevails. The 30-share BSE Sensex was down 229.59 points at 33,963.06 and the 50-share NSE Nifty fell 66.20 points to 10,414.40. IMD's monsoon forecast will further boost overall market sentiment. Intra-day, it hovered between 10,396.35 and 10,540.15.

Meanwhile, domestic institutional investors (DIIs) bought equities worth a net Rs 306.05 crore on Friday, as per provisional data.

In the Sensex kitty, Hero MotoCorp emerged best performer by surging 2.02 per cent, followed by Kotak Bank 1.88 per cent.

Other major losers in the Nifty50 pack were Tata Motors, Wipro, Axis Bank, ONGC, NTPC, RIL, Dr Reddy's SBI, Bharti Airtel, ICICI Bank, Maruti Suzuki, Asian Paint and Tata Steel, falling by up to 1.54 per cent.

Head of Nobel literature prize panel quits over sex abuse scandal
It seems Engdahl got his supporters - chiefly men - go against Danius and all those who supported her have now left the academy. To her defense, the Minister of Education Anna Ekström said Engdahl is using the language of the playground.

Auto major Tata Motors share price declined over 5% today in the wake of reports that the company owned car-maker in UK, Jaguar Land Rover may cut almost 1,000 jobs.

Tata Motors which closed 4.96% lower at 339 level was the top Sensex loser on reports that Britain's biggest carmaker Jaguar Land Rover will cut around 1,000 jobs and production at two of its English factories due to fall in sales caused by uncertainty around Brexit and confusion over diesel policy. The S&P BSE Small-Cap index rose 99.00 points or 0.55 per cent to settle at 17,981.99.

Housing Development Finance Corp Ltd and HDFC Bank Ltd were the top contributors to the indexes with gains of 1.6 percent and 0.9 percent respectively.

In the Eurozone, Frankfuirt's DAX rose 0.08 per cent but Paris CAC shed 0.03 per cent in their early session.

This is published unedited from the PTI feed.

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