Jul 08, 2013, 12.24 PM IST
Indian equity benchmarks remain under pressure with more than one percent loss in noon trade, weighed down by financials, oil & gas, auto and FMCG stocks.
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Nifty struggles at 5800; financials, oil & gas, auto drag
Indian equity benchmarks remain under pressure with more than one percent loss in noon trade, weighed down by financials, oil & gas, auto and FMCG stocks.
Like this story, share it with millions of investors on M3
Nifty struggles at 5800; financials, oil & gas, auto drag
Indian equity benchmarks remain under pressure with more than one percent loss in noon trade, weighed down by financials, oil & gas, auto and FMCG stocks.
12:24
Moneycontrol BureauLive Market Commentary
Indian equity benchmarks remain under pressure with more than one percent loss in noon trade, weighed down by financials, oil & gas, auto and FMCG stocks.
Indian rupee too continues to fall on dollar demand. It lost 86 paise to 61.08 per dollar. Even euro declined to 1.28 per dollar.
The BSE Sensex is down 229.05 points or 1.17 percent at 19266.77, and the Nifty is down 73.90 points or 1.26 percent at 5794.
09:58
Sensex drops; Tata Motors down 4%, Wockhardt hits 52-wk lowRead More »Indian equities dropped 1.5 percent in morning trade Monday, tracking weak Asian cues after fears that the US may scale back its bond buying progrmame of USD 85 billion a month on strong US jobs data. China's liquidity concerns also added fuel to the fire. All these reasons pushed the Indian rupee to a record low of 61.21 per dollar.
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