Diwali, the Festival of Lights, is the most significant festivals in Indian culture. The theme…
Share benchmarks crashed on Wednesday, as the domestic currency hit a new lifetime low of 73.40 to the dollar, in spite of strong cues from across Europe.
The BSE Sensex was down 550.51 points at 35,975.63 and the NSE Nifty50 plunged 150.05 points at 10,858.25. IT sector stocks, which should have rallied due to a falling rupee, plunged, dragging the indices lower.
Among sectoral watch, Nifty Realty went up 3.46% with Prestige Estates gained 9.93%, Indiabulls Real Estate added 5.57%, Phoenix Mills up 5.12% and Oberoi Realty rose 5.09% as top constituents. Further, Nifty Commodities added 2.55% while Nifty Pharma gained 2.51% on the weekend. Trading Call for 17-September.
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