Sensex plunges
nearly 400 points, Nifty around 10,550; OMC stocks gain
Market opens It is a
negative start on D-Street, with the Sensex falling over 150 points, while the
Nifty tested 10,600.
The Sensex is down 155.73 points or 0.44% at 35314.42, while the Nifty is
down 51.00 points or 0.48% at 10612.50. The market breadth is negative as 223
shares advanced, against a decline of 259 shares, while 39 shares were
unchanged.
All sectoral indices are trading in the red, with maximum cuts visible
among automobiles, IT, metals and pharma seeing the most pain. The Nifty Midcap
index is almost half a percent lower.
Asian Paints, Yes Bank, IOC and BPCL were the top gainers, while HUL,
Tata Steel, and Hindalco lost the most.
Stocks in the News: Aurobindo Pharma,
National Fertilizers, Adani Transmission, Tata Coffee
Rupee Update: The Indian rupee has opened at
69.88 per US dollar against Monday’s close of 70.13 per US dollar.
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