Nifty opens below 8,900 ahead of F&O expiry; CIL falls 4%: Benchmark indices have opened lower, amid weak global cues, ahead of the expiry of January derivative contracts later today. Asian markets witnessed profit taking after encouraging comments by the US Fed about the growth in the US economy and hawkish stance that it would hike interest rates later this year.
At 9:45 AM, the S&P BSE Sensex was trading at 29433 down 126 points, while NSE Nifty was trading at 8874 down 40 points. The Mid-cap and Small-cap Index, both, is outperforming the broader indices. The market breadth indicating the overall health of the market is negative. The Indian rupee has opened at 61.43 a dollar, down 2 paise compared to previous day's closing value of 61.41 a dollar.
At 9:45 AM, the S&P BSE Sensex was trading at 29433 down 126 points, while NSE Nifty was trading at 8874 down 40 points. The Mid-cap and Small-cap Index, both, is outperforming the broader indices. The market breadth indicating the overall health of the market is negative. The Indian rupee has opened at 61.43 a dollar, down 2 paise compared to previous day's closing value of 61.41 a dollar.
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