New Delhi: Indian inventory indices prolonged their losses from the earlier session to commerce considerably decrease this morning monitoring weak cues from in a single day US markets.
Benchmark indices within the US markets declined amid the mid-term elections and forward of inflation knowledge for October which is scheduled to be launched in the present day. Inflation figures will resolve the long run course of financial coverage motion by the US central financial institution.
At 9.53 am, Sensex traded at 60,555.92 factors, down 477.63 factors or 0.78 per cent, whereas Nifty traded at 18,022.70 factors, down 134.30 factors or 0.74 per cent.
Among the many Nifty 50 shares, Tata Motors, Mahindra and Mahindra, Axis Financial institution, Titan, and Eicher Motors had been the highest 5 losers, whereas Divi’s Labs, Cipla, Dr Reddy’s, Hindustan Unilever, and Hero Motocorp the highest gainers this morning, Nationwide Inventory Trade knowledge confirmed.
In the meantime, the rupee opened at 81.65 in opposition to the US greenback versus the earlier shut of 81.43 on Wednesday.
Barring the newest appreciation in November, the Indian rupee had been weakening over the previous a number of weeks to hit contemporary new all-time lows because the US greenback strengthened in opposition to main world currencies.
In October, the rupee breached the 83 mark for the primary time in its historical past. Up to now this 12 months, the rupee has depreciated round 10 per cent.