Wednesday 23 September 2015

Sensex, Nifty, Midcap Under Pressure; Rupee Breaches 66/$

Posted by suhani varma on Wednesday, September 23, 2015 with No comments

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. Meanwhile, 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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