Equity benchmarks fell more than 1 percent in morning trade weighed down by broadbased selling due to weak global cues. The Sensex lost 267.32 points to 25321.69 and the Nifty dropped 81.05 points to 7568.20. The Indian rupee depreciated further, down 39 paise to 61.61 a dollar. The euro was on the backfoot after European Central Bank President Mario Draghi struck a cautious note on the euro zone economy, while lower debt yields pressured the dollar against the yen. On BSE, Midcap and smallcap are trading more than a percent each. On sectoral front, Realty is the worst performer to ease 2.29% while IT is the only gainer for the day.
Further the market breath stands negative with 550 shares are seen advancing against 1577 declining shares.
Further the market breath stands negative with 550 shares are seen advancing against 1577 declining shares.
No comments:
Post a Comment