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Monday, October 8, 2018

Choppy day of trade on D-Street as Sensex falls over 200 points; Nifty below 10,250

Benchmark indices are trading higher in the late afternoon trade with Nifty above 10,350 level.
The Sensex is up 183.63 points at 34,560.62, while Nifty is up 61 points at 10, 377.50. About 974 shares have advanced, 1243 shares declined, and 1071 shares are unchanged. 
Energy, banks, auto and pharma space were up 1-3 percent, while midcap, smallcap stocks are underperforming the major indices.
After a gap down opening the rupee recovered a bit but currently it is trading near the day's low at around 73.91 per dollar.
Rupee touched a record low of 74.22 per dollar on Friday after central bank kept the repo rate unchanged at 6.50 percent but changed the stance from Neutral to Calibrated Tightening.

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Source:https://www.moneycontrol.com/news/business/markets/stock-market-live-updates-bse-nse-choppy-day-of-trade-on-d-street-as-sensex-falls-over-200-points-nifty-below-10250-3021511.html

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