Market Live: Sensex opens mildly lower, Nifty holds 10,700; OMCs take a hit. Among global markets, Asian markets are trading mixed, while the US markets have cut their losses after Donald Trump pulled out of Iran deal.
Among global markets, Asian markets are trading mixed, while the US markets have cut their losses after Donald Trump pulled out of Iran deal.
Equities have begun the day on a lower note, with the Sensex shedding around 50 points, while the Nifty held 10,700 in the opening tick. The market breadth was in favor of advances.
Click here To know about the Best Stock Advisory India
The Sensex is down 48.69 points or 0.14% at 35167.63, and the Nifty down 16.30 points or 0.15% at 10701.50. About 302 shares have advanced, 229 shares declined, and 59 shares are unchanged.
Selling is visible across all sectors, barring Nifty IT, which is trading over half a percent higher. Big cuts are visible in financial names, with Nifty Bank falling 0.40 percent. Midcaps too are trading lower.
OMC stocks have taken a hit on the back of higher crude oil prices.
Indian rupee opens lower by 26 paise at 67.34 per dollar
We expect the USD-INR to find supports at lower levels. Utilise downsides in the pair to initiate long positions, says ICICIdirect.
The Indian rupee slipped in the early trade on Wednesday. It has opened lower by 26 paise at 67.34 per dollar versus previous close 67.08.
Click here to get Free Commodity Tips
OMC stocks have taken a hit on the back of higher crude oil prices.
Indian rupee opens lower by 26 paise at 67.34 per dollar
We expect the USD-INR to find supports at lower levels. Utilise downsides in the pair to initiate long positions, says ICICIdirect.
The Indian rupee slipped in the early trade on Wednesday. It has opened lower by 26 paise at 67.34 per dollar versus previous close 67.08.
Click here to get Free Commodity Tips
According to ICICIdirect, The near-month dollar-rupee May contract on the NSE was at 67.23 in the previous session. The May contract open interest declined 8.24% in the previous day.
We expect the USD-INR to find supports at lower levels. Utilise downsides in the pair to initiate long positions, it added.
We expect the USD-INR to find supports at lower levels. Utilise downsides in the pair to initiate long positions, it added.
-----------------------------------------------------------------------------------------------------------------------------
For More Information regarding Stock market news updates & Commodity Tips, Intraday Calls, Share Market Tips contact us at +91-8305596871 or simply fill our Free Trial registration form linked in this blog.
No comments:
Post a Comment