Dynamite News Market turns jittery on weak macro data, global cues
Equity benchmarks Sensex and Nifty started on a volatile note on Thursday as weak domestic macroeconomic data and negative cues from global markets kept investors on edge.
Mumbai: Equity benchmarks Sensex and Nifty started on a volatile note on Thursday as weak domestic macroeconomic data and negative cues from global markets kept investors on edge.
Also Read: Rupee slips below 72-mark against USD
After opening on a positive note, the 30-share index turned choppy to trade 54.61 points, or 0.14 per cent, lower at 40,061.45. Similarly, the broader NSE Nifty slipped 33.20 points, or 0.28 per cent, to 11,807.25.
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On Wednesday, the Sensex settled 229.02 points, or 0.57 points, lower at 40,116.06. Likewise, the Nifty dropped 73 points, or 0.61 per cent, to close at 11,840.45.
Market players are now awaiting wholesale inflation numbers, scheduled to be released later in the day.
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Sensex drops over 200 pts, Nifty below 11,550
Also Read: Sensex, Nifty start on tepid note on weak global cues
On the currency front, the rupee depreciated 15 paise (intra-day) against the US dollar to trade at 72.24 in early session.(PTI)