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The domestic market opened lower on Friday. The Sensex dropped over 300 points while Nifty slipped below 8,450 mark. There was selling pressure seen in HDFC, ITC and ICICI Bank. The S&P BSE Sensex is trading at 27,102 down 416 points, while NSE Nifty is trading at 8,382 down 143 points.
The BSE Mid-cap Index is trading down 2.52% at 12,606, whereas BSE Small-cap Index is trading down 2.18% at 12,645. Sun Pharmaceuticals, SBI, Axis Bank and Dr Reddy's are among the gainers, whereas HDFC, Asian Paints, Hero MotoCorp, HUL and Tata Motors are losing sheen on NSE.
Some buying activity is seen in banking and pharma sectors, while realty, metal, FMCG, media and IT is showing weakness on NSE. The INDIA VIX is up 9.07% at 16.8600. Out of 1,877 stocks traded on the NSE, 1,358 declined, 205 advanced and 314 remained unchanged today.
A total of 12 stocks registered a fresh 52-week high in trade today, while four stocks touched a new 52-week low on the NSE. The rupee opened lower at 67.15/$ as against the previous close of 66.62/$. Rupee hits to lowest level since August 29 against Dollar.
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