Further, today the rupee hit a new record low of 83.08 against a resurgent dollar as investors worry about a potential recession in the coming months.
On the sectoral front, nifty auto and metals were down by 1.2% and 1.09% respectively followed by banking and financial stock whereas IT index outperformed counterparts to climb more than 1% during late afternoon trade today.
At around 2:00 PM, Sensex was trading at 59,057.76 lower by 49.43 points or 0.08%. Nifty 50 traded at 17,505.75 higher 6.50 points or 0.04%.
.
Top Bulls on Nifty 50 are: UPL (+2.76%), HCL Tech (+1.93%), Tech Mahindra (+1.76%) supported by Nestle India (+1.24%) and Infosys (+1.13%). Meanwhile, top losers on Nifty 50 are: InndusInd Bank (-5.24%), Apollo Hospitals (-1.89%), Ultratech Cement (-1.58%), Axis Bank (-1.45%) and Titan (-1.08%).
Meanwhile, in broader Asia market, Asia-Pacific shares, excluding Japan, fell to more than two-year low, while the 10-year US yield touched a fresh 14-year high.
For feedback and suggestions, write to us at editorial@iifl.com
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Securities Support WhatsApp Number
+91 9892691696
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.