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The Indian Share market continued to see selling pressure
following weakness in global peers on growth concern. 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.
Meanwhile, the Indian rupee breached 66-mark against dollar today, continuing depreciation for the second consecutive session. The currency fell 15 paise to 66.02 a dollar. The market has managed to regain some lost ground, but still languishes in negative territory with a few key stocks from banking, capital goods, metal and automobile sectors trading notably lower.
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.
Meanwhile, the Indian rupee breached 66-mark against dollar today, continuing depreciation for the second consecutive session. The currency fell 15 paise to 66.02 a dollar. The market has managed to regain some lost ground, but still languishes in negative territory with a few key stocks from banking, capital goods, metal and automobile sectors trading notably lower.
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