Sensex, Nifty turn negative on weak global cues
The BSE benchmark Sensex Friday started on a negative note tracking weak cues from other Asian markets amid heavy selling by domestic institutional investors and depreciating rupee.
Mumbai: The BSE benchmark Sensex Friday started on a negative note tracking weak cues from other Asian markets amid heavy selling by domestic institutional investors and depreciating rupee.
After falling over 100 points, the 30-share index was trading 64.70 points, or 0.18 per cent, to 36,660.72. Similarly, the 50-share NSE Nifty fell 19.90 points, or 0.18 per cent, to 11,038.30.
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Sensex had climbed 89.32 points or 0.24 per cent to finish at 36,725.42 in the previous session, while the broader NSE Nifty inched up 5.20 points or 0.05 per cent to 11,058.20.
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Top losers in the Sensex pack in early session include Tata Motors, HCL Tech, Vedanta, Infosys, ONGC, Tata Steel, Hero MotoCorp, Maruti, Asian Paints and RIL, falling up to 2.30 per cent.
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The rupee, meanwhile, was depreciated 13 paise against US dollar to 70.13.
The benchmark Brent crude futures slipped 0.71 per cent to USD 65.83 per barrel. (PTI)