Dynamite News Market starts on a tepid note; Nifty slips below 11,000
Domestic equity benchmarks BSE Sensex and NSE Nifty started on a negative note on Wednesday as investors remained risk averse due to uncertainties over economic growth.
Mumbai: Domestic equity benchmarks BSE Sensex and NSE Nifty started on a negative note on Wednesday as investors remained risk averse due to uncertainties over economic growth.
The 30-share index was trading 65.72 points, or 0.18 per cent, lower at 37,262.29. The broader Nifty dropped below the 11,000 level, falling 19 points, or 0.17 per cent, to 10,998.00 in morning trade.
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In the previous session, the Sensex settled 74.48 points, or 0.20 per cent, lower at 37,328.01. The Nifty too ended 36.90 points, or 0.33 per cent, down at 11,017.
The rupee, meanwhile, appreciated 17 paise against its previous close to trade at 71.54 in early session.
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Global oil benchmark Brent crude was trading 0.52 per cent higher at 60.34 per barrel.(PTI)