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Markets drop on weak global cues
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SME Times News Bureau | 02 May, 2016
Key Indian stock market indices were trading lower in the afternoon session on Monday following weak global cues.
The wider 50-scrip Nifty of the National Stock Exchange (NSE) was trading 49.25 points or 0.63 percent lower at 7,800.55 points.
The
Sensex of the BSE, which opened at 25,565.44 points, was trading at
25,433.77 points (at 1.03 p.m.) in the afternoon session, down 172.85
points or 0.68 percent from the previous day's close at 25,606.62
points.
The Sensex touched a high of 25,565.44 points and a low of 25,341.14 points in the trade so far.
Heavy
selling pressure was seen in the banking, telecom and technology, media
and entertainment (TECK) sectors, while good buying was observed in
consumer durables sector.
The S&P BSE bankex plunged by 1
percent, telecom index dropped by 0.69 percent and TECK index fell by
0.58 percent. However, consumer durables index went up by 1.41 percent.
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Customs Exchange Rates |
Currency |
Import |
Export |
US Dollar
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66.20
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64.50 |
UK Pound
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87.50
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84.65 |
Euro
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78.25
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75.65 |
Japanese
Yen |
58.85 |
56.85 |
As on 13 Aug, 2022 |
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