The CAC 40 index (France equities) has opened on a flat note in Wednesday trading session at the level of 5,423.67 from its previous closing level of 5,413.79. But, just after the opening it plunged and trading below the 5,400 levels. Even yesterday, the France stock was closed down at 1.31 percent due to losses in the Basic Materials, Industrial sectors, and the Consumer Goods.
On the other hand, the DAX index which opened on a positive note on Yesterday lost all gains and closed down at 1.10 percent. It is due to losses in the Consumer & Cyclical, technology, and Telecoms sectors. But, now today it opened on a negative note at the level of 12,147.07 from its previous closing level of 12,210.21.
Even the FTSE 100 opened lowered below its previous closing level of 7,457.86 to the level of 7,424.25.
Taking cues from the global sentiment and depreciation in rupee, there could be some strong influence in the domestic market.