An Asian market in weak signal and new record touched fall in the rupee is seeing a decline in the domestic market. The first days market is looking decline the Sensex dropped 250 points or the nifty decline80 points in early trends on Monday.
10:45 am the 30 share Sensex index dropped 261.98 points or 1.35% at 19232.12, it was touched high levels 19422.69 and touched low levels 19185.92.
The 50 share nifty index falls 82.25 points or 1.40% at 5785.50, it was touched high levels 5833.85 and low levels touched 5775.55.
New record rupee touched against US dollars fell to 61.03 is the lowest levels, after effect oil & gas prices hiked.
Auto, bank index, Reality, power, Capital goods, FMCG, Oil & gas share early decline among effect Indian domestic market.
Rupee is showing weakness, IT share and technology index is buying. The bank nifty dropped 2 per cent as Indian’s largest bank state bank of India, ICICI bank, and HDFC bank loss 1-2%.
The Nifty top gainers and losers:-
Nifty gainers:- Cairin 2.37%, HCL Tech 1.99%, Cipla 0.95%, Dr. Reddy’s 0.88%, Infosys 0.73%, Sun Pharma 0.70%, Reliance infra 0.65%, Ultra cements 0.25%.
Nifty losers:- BPCL 4.52%, JP Associate 4.22%, Tata motors 4.12%, Coal India 3.57%, HDFC 3.51%, ONGC 2.55%, ICICI bank 2.54%, Tata steel 2.15%, DLF 2.14%.