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Index Fall Heavily, Trading Tips for Tomorrow

BSE benchmark Sensex heavily cracked on Monday after the rupee breached 72.50-level against the American currency (USD), for the first time ever amid weak Asian cues, due to a strengthening dollar and widening trade deficit.

The 30-scrip Sensex dropped 467.65 points to close at 37,922.17 while the NSE Nifty-50 index also edged lower at 11,438.10, down 151 points, or 1.30%

Sensex, Nifty trade higher, Shares of Axis bank gained 1.4%

The benchmark indices opened higher on Monday, tracking positive trend seen in Asian markets. The BSE Sensex is trading higher by 150.85 points to 33,401.15, while the NSE Nifty50 rises 41.65 points to 10,307.30 in the morning hours. Stock movements: Read more