Nifty
trades below 11,280, Sensex down over 225 pts; rupee opens lower
Market
update: Indian market benchmarks Sensex and Nifty
opened in the red. Sensex declined over 225 points while Nifty traded below
11,280 in early deals. Yes Bank jumped 10 percent higher, but Vedanta declined
nearly 3 percent.
Yes Bank shares jumped 20 percent in
early trade. The stock had hit its multi-year low in the previous session on
the sale of pledged shares.
Gold
price today: Gold prices rebounded in futures
trade, supported by selloff in equities. Fresh concerns around trade war made
investors avoid riskier equities and go for safe-haven assets.
Stocks
in the news: Yes Bank, Hero MotoCorp, GMR Infra,
Eicher Motors, Tata Motors, M&M, NMDC
Rupee
Update: The Indian rupee fell in the early trade on
Thursday. It has opened lower by 14 paise at 71.22 per dollar versus Tuesday's
close 71.08.
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