Market indices opened in the negative zone on Thursday amid subdued global
cues. At 9.40am, the BSE Sensex was trading 130 points
lower at 39,626 while the NSE Nifty50 index was trading 39 points lower at 11,867.
the Indian rupee closed 10ps stronger at 69.35/USD relative to
Tuesday’s close of 69.45.
Commodity watch, Crude Oil prices declined to 5-month low on rising US
stockpiles on the back of a weaker outlook on oil demand and a rise in U.S
crude inventories. The Brent crude futures were hovering around
USD60.01 in early session.
the NSE, all sectoral indices, except Nifty Realty and Financial services, are
witnessing selling at this time, with Nifty metal and PSU bank index falling
most by 0.88% and 0.63% respectively.
Asian paint, Cipla, TCS and L&T were among major gainers in the Nifty50
stocks, whereas YesBank, IndusIndBank, Vedanta and JSW Steel led the losses.