The market is still flat with the Nifty holding 8450 level. The 50-share index is down 14.95 points at 8451.60. The Sensex is down 33.91 points at 27797.63. About 1013 shares have advanced, 712 shares declined, and 60 shares are unchanged. Bharti Airtel, Hindalco, M&M, Coal India and HDFC Bank are losers while pharma stocks are still on buyers' radar.
Sensex slips over 100 points, Nifty
below 8,450 on weak global cues
The S&P BSE Sensex started on a cautious note, slips
over 100 points in trade on Wednesday following muted trend seen in other Asian
markets. The fall in the index was led by losses in ITC, HDFC, HDFC Bank, Tata
Motors and Bharti Airtel.
JP Infratech rallied over 8 per cent, Mastek 3 per cent, Tata Elxsi 3 per cent, while Canera Bank and PNB fell about 2 per cent each.
The 50-share Nifty index slipped below its crucial psychological level of 8450, weighed down by losses i ..
JP Infratech rallied over 8 per cent, Mastek 3 per cent, Tata Elxsi 3 per cent, while Canera Bank and PNB fell about 2 per cent each.
The 50-share Nifty index slipped below its crucial psychological level of 8450, weighed down by losses i ..
Indian Rupee
Update
The Indian rupee has touched a fresh two-year low in
early trade Wednesday. It has opened lower by 10 paise at 65.40 per
dollar on Wednesday against Monday’s closing value of 65.32 a dollar.
The
currency market was shut on Tuesday.Expect the pair to trade between the
65-65.50/dollar range.
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