The NSE Nifty50 index which opened near 11,196.20 at previous trading session closed on a lower note near 11,126.40, 48.35 points down. Among Nifty50, 32 stocks suffered the losses.
Meanwhile, the BSE-SENSEX was 141.33 points down at the closing and ended on a negative note to 37,531.98. With this, 22 stocks were in red while 8 in the green.
Global Market: The US stocks closed on a negative note as news that the United States has imposed visa restrictions on the Chinese officials suppressed the comments by the Federal Reserve Chairman on further interest rate cuts.
Rupee Update: The Indian rupee declined in value by 14 paise to close at 71.02 against the US dollar as profit booking in the domestic equities.
Taking cues from the previous trading session and trend on SGX Nifty, it is expected to see a positive opening in today’s trading session.