Share Market Update: Sensex, nifty recovers quickly.

Share Market Opening: It is a negative start on D-Street, the Sensex dropped over 150 points and the Nifty tested 10,600 points. The Nifty traded 2 points higher at 10,666 points, recovering~130 points from an intraday low of 10,534, while Bank Nifty stood at 26,786 points.

Variation in Sectors: All sectoral indices are traded in red, with maximum visible cuts in cars, IT, metals and pharmaceuticals that are most painful. The index of Nifty Midcap is nearly half a percent less.

Variation in Scrip: The top winners were Asian Paints, Yes Bank, IOC and BPCL, while HUL, Tata Steel and Hindalco lost most.

Rupees variation: The rupee traded at 69.82 dollars, up 0.46 percent from the close of 70.14 on Monday. Rupee opened a dollar at 69.93 and reached a high of 69.79 dollars. The 10-year gold yield was 7,235 percent compared to the previous figure of 7,287 percent.

Wrapping News: Mumbai: India’s Benchmark Index BSE Sensex and NSE ‘s Nifty 50 decreased by more than 1 percent on Wednesday, falling for the fourth straight session, as global stock markets remained under pressure from US political uncertainty and global economic slowdown concerns.

Result Today: No Result Today.

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