Markets open lower; Nifty hovers around 8350: Markets open the last session of the week on a positive note amid firm Asian cues and robust overnight gains in US stocks but failed to sustain gains on persistent selling by foreign funds. Foreign institutional investors were net sellers in equities to the tune of Rs 277 crore on Thursday, as per provisional stock exchange data. At 9.40 AM; the 30-share Sensex is down 117 points at 27,618 and the 50-share Nifty has lost 42 points at 8,356.
The Indian rupee has opened with marginal gains of 5 paise at 63.27 per dollar against previous day's close of 63.32.The dollar fell against most other major currencies, while the euro rose on waning fears of a Greek default.
The Indian rupee has opened with marginal gains of 5 paise at 63.27 per dollar against previous day's close of 63.32.The dollar fell against most other major currencies, while the euro rose on waning fears of a Greek default.
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