The market continues sag in the negative zone. The Indian rupee tumbled 33 paise to trade over 28-month low at 67.98 against the dollar. The rupee hits 68 against US Dollar for first time since Sep 2013. Sensex cracks below 24,000-level for the first time since May 16, 2014, by plunging 482 points to 23,998.65.
The market continues sag in the negative zone. The Indian rupee tumbled 33 paise to trade over 28-month low at 67.98 against the dollar.The rupee hits 68 against US Dollar for first time since Sep 2013. Sensex cracks below 24,000-level for the first time since May 16, 2014, by plunging 482 points to 23,998.65.
At 2:59 PM, the S&P BSE Sensex is trading at 23,974 down 503 points, while NSE Nifty is trading at 7,283 down 152 points. The BSE Mid-cap Index is trading down 2.72% at 9,959.50, whereas BSE Small-cap Index is trading down 2.71% at 10,241.
All sectors are showing weakness on BSE. Among sectors - the CNX Metal index has shed 3.7 percent at 160.95. The Media and Realty indices are down 2 percent each, while the Bank Nifty has declined 2.5 percent to 14,894.
Sun Pharma, Infosys, SJVN,Balkrishna Industries, Rajesh Exports and Vakrangee are among the gainers, whereas Tata Steel, RIL, SBI, L&T, Adani Ports, ONGC, ICICI Bank and Axis Bank are losing sheen on BSE.
The India VIX (Volatility) index is up 19.39% to 22.0050. A total of five stocks registered a fresh 52-week high in trades today, while 160 stocks touched a new 52-week low on the NSE. The breadth too has turned negative - Out of 1,782 stocks traded on the NSE, 1,411 have declined and 149 advanced so far.
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