Equity benchmarks started of Friday's trade on a negative note following weak global cues post concerns over Europe growth. The Sensex declined 307.13 points or 1.15 percent at 26330.15, and the Nifty was down 97.05points or 1.22 pecent at 7863.50. The Indian rupee slipped marginally in early trade, down 10 paise to 61.15 a dollar compared to previous day's closing value. On the global front, Asian markets were down following Wall Street's selloff as investors worried over slowing growth in Europe. US stocks sank, erasing all and more of the previous day's rally, as investors bypassed US corporate earnings and economic reports to focus on global concerns, including Europe's softening economy. On BSE, midcap and smallcap declined 0.91% and 0.79% respectively.
Further the market breadth stands negative with 642 shares are seen advancing against 1470 declining shares.
Further the market breadth stands negative with 642 shares are seen advancing against 1470 declining shares.
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