Nifty 100 points down; Rupee hits 72.50/$

Market Update:

Benchmark indices have extended losses as Indian rupee hits 72.50/$1 levels for the first time. Sensex was trading nearly 317 point down, at 38,072 levels, while nifty slips over 105 points down at 11,483 levels.

HDFC twins, ITC, Kotak Bank, Reliance Industries, and IndusInd Bank were the biggest contributor for the loss. 

However, gains in Max Financial Services, Coffee Day Enterprises, KRBL, Eclerx Services were the savior.

The market breadth was negative on NSE with 1,042 shares declining, 634 share advancing and 397 shares remaining unchanged.


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