As expected the National Stock Exchange (NSE) Nifty50 index which closed near 11,497.90 at previous trading session is now opened on a lower note near 11,478.70. However it couldn’t sustain its opening level and plunged to 11,431.25, 66.65 points down. (09:20 AM IST)
On Nifty50, around 9 shares have advanced and 41 declined in today’s session.
On the other hand, the BSE-Sensex which closed near 38,276.63 is now opened at 38,244.18. Currently, it is trading on a lower note near 38,057.88, 218.75 points down. (09:22 AM IST)
All sectoral indices metal, FMCG, auto, pharma, IT, bank, and energy are trading in red.
Rupee Update: The Indian rupee opened lower at 69.55 per dollar on Wednesday versus Tuesday’s close of 69.43.