The frontline Indian indices
and the rupee, both are trying to recover from their session lows in early
afternoon trade after a couple of key asian markets pulled back from their
day's lows. But overall, the undercurrent remains very fragile due to growing
concerns about the worsening macro-economic backdrop - both domestic and
global, and continued frustration over policy inertia.
Currently, the Sensex is
trading near the 15240 levels and the Nifty is hovering around the 4575 levels.
The midcap and the small-cap counters are badly beaten and trading negative by
over two and a half percentage points. On the sectoral front, all the thirteen
indices are trading in red. Realty, Bank and Capital Goods counters are the
major losers till now.
(Pic. Source- bseindia.com)
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