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 Capital Services Support WhatsApp Number
+91 9892691696
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.