Sensex Down Over 100 Points; Tata Steel, HDFC, SBI Top Losers
NDTV
The broader markets are also trading in the red, with the BSE Midcap index and BSE Smallcap index shedding 0.5 per cent each
The benchmark indices are hovering mildly in the red, amid a volatile session of trading, due to weakness in index heavyweights such as Tata Steel, HDFC and SBI. The BSE Sensex has swung in a range of almost 700 points between an intra-day high of 59,202.56 and a low of 58,525.89 and is currently trading at 58,906.75, lower by 106.28 points or 0.18 per cent and the NSE Nifty is at 17,526, down 59.50 points or 0.35 per cent.
The broader markets are also trading in the red, with the BSE Midcap index and BSE Smallcap index shedding 0.5 per cent each.
The Sensex had declined as much as 490 points to hit an intra-day low of 58,525.89 at opening bell before erasing all its losses and turning positive, albeit momentarily.
In the currency market, the rupee depreciated 34 paise to 73.82 against the US dollar, tracking a strong greenback in the overseas market. At the interbank foreign exchange, the rupee opened at 73.82 against the dollar, registering a decline of 34 paise from the last close.
