Sensex Opens In the Red, Down Over 300 Points; Nifty Below 17,630; Rupee Weakens By 37 Paise
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The BSE Sensex opened about 320 points lower at 59,902.25, while the NSE Nifty was 84 points down at 17,627.30. On the BSE, 24 out 30 companies on the Sensex were trading in the red in the early trade Domestic bourses on Wednesday opened in the red. The BSE Sensex opened about 320 points lower at 59,902.25, while the NSE Nifty was 84 points down at 17,627.30. The rupee also fell 37 paise to 82.29 against US dollar in the early trade. On the BSE, 24 out 30 companies on the Sensex were trading in the red in the early trade. Among the top losers were Infosys (down 1.36 per cent), Tech Mahindra (minus 1.34 per cent), Bajaj Finserv (down 1.25 per cent), Sun Pharma (down 1.09 per cent), and HCL Tech (down 1.05 per cent). On the BSE, the companies there were in the green were L&T, NTPC, Tata Steel, Maruti, UltraTech Cement and HDFC Bank, trading higher by up to 0.52 per cent. V K Vijayakumar, chief investment strategist at Geojit Financial Services, said, “The dominant trigge...