The market continued to
see selling pressure following weakness in global peers on growth concerns. The
Sensex fell 150.77 points to 25501.07 and the Nifty declined 61.90 points to
7750.10. The broader markets, too, declined with the BSE Midcap and Smallcap
indices falling 0.7 percent and 0.2 percent, respectively. About 687 shares
have advanced, 968 shares declined, and 69 shares are unchanged on the BSE.
Shares of HDFC, ICICI Bank, Axis Bank, Tata Motors, L&T, ONGC, Bharti
Airtel, Wipro and SBI were prominent losers in morning trade, down 1-2 percent.
However, ITC, Mahindra & Mahindra, TCS, NTPC and Hero Motocorp outperformed
with marginal gains.
The rupee breached
66-mark against dollar today, continuing depreciation for the second
consecutive session. The currency fell 15 paise to 66.02 a dollar.
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Nifty opened flat as global markets are trading mixed, Epic Research daily provides this type of unique market updates which are given by their expert.
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