NEW DELHI: Equity markets on Monday morning, opened on a unfavourable note amid unstable world cues.
The 30-share BSE Sensex opened under 37,800-mark, shedding more than 50 issues. The index extended its loss to 200 issues in early trade. At 10 am, the gauge was once down 66.15 issues and had regained the 37,800-mark.
The broader 50-share NSE Nifty was once additionally buying and selling fairly in the crimson but was once taking a look solid above 11,400.
The rupee meanwhile, continued its loose fall, hitting the new low of 70.32 in early buying and selling.
Global markets had been showing blended sentiments as Asian stocks pulled away from one-year lows on Thursday, after Beijing stated it is going to hang trade talks with Washington this month, even supposing Turkey’s currency disaster and fears of an economic slowdown in China kept most markets in the crimson.
Among sectors, the metal sub-index was once shedding the most at almost 2 in step with cent. Bank stocks had been additionally shedding whilst pharma and IT had been in the inexperienced.
The 30-share BSE Sensex opened under 37,800-mark, shedding more than 50 issues. The index extended its loss to 200 issues in early trade. At 10 am, the gauge was once down 66.15 issues and had regained the 37,800-mark.
The broader 50-share NSE Nifty was once additionally buying and selling fairly in the crimson but was once taking a look solid above 11,400.
The rupee meanwhile, continued its loose fall, hitting the new low of 70.32 in early buying and selling.
Global markets had been showing blended sentiments as Asian stocks pulled away from one-year lows on Thursday, after Beijing stated it is going to hang trade talks with Washington this month, even supposing Turkey’s currency disaster and fears of an economic slowdown in China kept most markets in the crimson.
Among sectors, the metal sub-index was once shedding the most at almost 2 in step with cent. Bank stocks had been additionally shedding whilst pharma and IT had been in the inexperienced.
Sensex, Nifty see losses in early trade
![Sensex, Nifty see losses in early trade]()
Reviewed by Kailash
on
August 16, 2018
Rating:
