Equity indices reverse opening gains to trade in red
Tuesday - September 4, 2018 10:02 am ,
Category : BUSINESS
Equity indices reverse opening gains to trade in red
Mumbai Sep 4 (IANS) The key Indian equity indices turned negative minutes after opening on positive note on Tuesday.
The rupee falling to a new low of 71.37 per dollar on Tuesday weighed down the investor sentiments analysts said.
According to them heavy selling was witnessed in banking FMCG and metal stocks.
At 9.44 a.m. the Nifty50 on the National Stock Exchange traded at 11 548.55 points lower by 33.80 or 0.29 per cent from its previous close.
The S&P BSE Sensex which had opened 38 460.96 points traded at 38 224.57 points lower by 87.95 points or 0.23 per cent from its previous close of 38 312.52 points.
So far it touched a high of 38 518.56 points and a low of 38 189.80 points.
--IANS rrb/in
The rupee falling to a new low of 71.37 per dollar on Tuesday weighed down the investor sentiments analysts said.
According to them heavy selling was witnessed in banking FMCG and metal stocks.
At 9.44 a.m. the Nifty50 on the National Stock Exchange traded at 11 548.55 points lower by 33.80 or 0.29 per cent from its previous close.
The S&P BSE Sensex which had opened 38 460.96 points traded at 38 224.57 points lower by 87.95 points or 0.23 per cent from its previous close of 38 312.52 points.
So far it touched a high of 38 518.56 points and a low of 38 189.80 points.
--IANS rrb/in
