Sensex slipped over 1.5 per cent for the second consecutive day today, led by losses in
heavyweights such as RIL, HDFC, Sun Pharma, L&T, ITC, Infosys, ICICI Bank, among others.
Markets have now come under pressure again as latest FOMC meeting minutes revealed that
tapering could begin anytime sooner than later. In line with the equity markets, the rupee also
came under pressure and hovered around 63/USD mark as dollar strengthened.
Earlier, Sensex opened lower for the second consecutive day in line with the muted trend in other
Asian markets. Indian markets were struggling to sustain the momentum amid lack of positive
global cues.
The Market breadth, indicating the overall strength of the market, was weak with advance-decline
at 800/1340 at this afternoon. Rupee continue to trade weaker today against dollar at 62.83
There was selling pressure across the board among all the sectors, even both small cap and midcap
sectors were down more than half a percent today.
Among front line stocks in A group, Castrol India made 52 week low while Amara Raja and MRF
made 52 week high during intraday trades today.
At present, Sensex was trading at 20309 down by 326 points while Nifty was trading at 6037
down by 86 points.
heavyweights such as RIL, HDFC, Sun Pharma, L&T, ITC, Infosys, ICICI Bank, among others.
Markets have now come under pressure again as latest FOMC meeting minutes revealed that
tapering could begin anytime sooner than later. In line with the equity markets, the rupee also
came under pressure and hovered around 63/USD mark as dollar strengthened.
Earlier, Sensex opened lower for the second consecutive day in line with the muted trend in other
Asian markets. Indian markets were struggling to sustain the momentum amid lack of positive
global cues.
The Market breadth, indicating the overall strength of the market, was weak with advance-decline
at 800/1340 at this afternoon. Rupee continue to trade weaker today against dollar at 62.83
There was selling pressure across the board among all the sectors, even both small cap and midcap
sectors were down more than half a percent today.
Among front line stocks in A group, Castrol India made 52 week low while Amara Raja and MRF
made 52 week high during intraday trades today.
At present, Sensex was trading at 20309 down by 326 points while Nifty was trading at 6037
down by 86 points.
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