Nifty, Sensex fall on dimming U.S.-China trade deal hopes; metals top drag
Wednesday, 4 December 2019 () Indian shares tracked broader Asian markets on Wednesday, with metals extending their decline to a second session, as hopes of a quick initial U.S.-China trade deal dimmed following U.S. President Donald Trump's remarks.
A trade deal between China and the U.S. has stalled after the U.S. passed legislation backing protesters in Hong Kong, news website Axios reported on Sunday, citing a source close to Trump's negotiating team. Eve Johnson reports.
Oil slipped on Wednesday after an industry report showed a surprise build-up in U.S. crude inventories, but optimism surrounding the signing of the first phase... Reuters Also reported by •OilPrice.com •Reuters India •The Age