Dynamite News Sensex, Nifty turn cautious despite strong global cues
Domestic equity benchmark BSE Sensex dropped over 150 points Thursday, dragged by losses IT stocks, despite strong global cues.
Mumbai: Domestic equity benchmark BSE Sensex dropped over 150 points Thursday, dragged by losses IT stocks, despite strong global cues.
Also Read: Sensex soars over 350 pts; Nifty near 11,800
The 30-share index, however, pared some losses and was trading 34.59 points, or 0.09 per cent, lower at 39,078.15 at 0930 hours. Similarly, the broader NSE Nifty was quoting 23.45 points, or 0.20 per cent, down at 11,668.
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Sensex, Nifty reach new closing peaks
In the previous session Wednesday, the BSE gauge settled 66.40 points, or 0.17 per cent, higher at 39,112.74, while the Nifty closed almost flat at 11,691.45.
Also Read: Rupee rises 21 paise to 69.49 against USD in early trade
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Sensex, Nifty rally on robust GDP data, rupee recovery
On the currency front, the Indian rupee appreciated 10 paise to 69.58 against the US dollar.