Share markets in India are presently trading on a negative note. All sectoral indices are trading in red with stocks in the IT sector, realty sector and energy sector witnessing maximum selling pressure.

The BSE Sensex is trading down by 359 points (down 1%), while the NSE Nifty is trading down by 114 points (down 1.1%). The BSE Mid Cap index is trading down by 1.1% and the BSE Small Cap index is trading down by 0.6%.

Here's how this data looks like when plotted on a chart...

Large-Cap Index Outperformed in the Downturn

Clearly, in the face of such volatility, you need a balance of growth and safety.

The rupee is trading at Rs 70.02 against the US$.

The domestic currency fell 37 paise against the US$ in early trade amid strengthening of the US dollar against some currencies overseas and foreign fund outflows.

On Thursday, the rupee staged a big recovery and closed at 69.70 against the US$. Recovery in domestic equity markets and softening crude oil prices boosted the rupee.

In the news from the automobiles sector, Tata Motors share price is witnessing buying interest today as the company has partnered with self-drive rental car firm Zoomcar to offer the electric version of its compact sedan Tigor in Pune city as part of the shared mobility plans.

Under this partnership, Zoomcar expects to deploy 500 electric vehicles in over 20 cities with Tata Motors over the next one year.

In another news, the auto company is also planning to increase the prices of its trucks and buses by 1-1.5% next month due to a consistent rise in raw material cost.

The hike in January will come on the back of subdued demand conditions and in the run-up to the move to Bharat Stage VI emissions norms next year.

Last month, Moody's Investors Service changed the outlook on Tata Motors's corporate family rating to negative from stable.

Tata Motors share price is trading up by 1.4%.

Moving on to the news from the commodity space, oil prices climbed today after tumbling 5% in the previous session on signs of OPEC's production cuts that start next month will be deeper than expected.

Reportedly, the Organization of the Petroleum Exporting Countries (OPEC) plans to release a table detailing output cut quotas for its members and allies such as Russia to shore up the price of crude.

In another news, China, the world's top oil importer, is set to start 2019 buying little or no crude from the United States despite a three-month truce in a trade scrap between the two nations, with relatively high freight costs and political uncertainty choking demand.

Earlier, China had stopped the US oil imports in October and November after the trade war intensified.

The US trade deficit with Beijing hit a record $43 billion in October as its firms stockpiled inventory from China to avoid higher tariffs that may kick in next year.

Reportedly, China's Iranian oil imports are set to rebound in December after two state-owned refiners began using the nation's waiver from U.S. sanctions on Tehran.

Oil prices have been pulled down sharply since October by signs of an economic slowdown. Meanwhile, the two world's biggest economies, the United States and China, are locked in a trade war which is threatening to slow global growth and battering investor sentiment.