LIVE MARKET UPDATE

Wednesday 6 August 2014

Free Indian Equity Market Technical Analysis

BSE Sensex and Nifty wobbled today amid weak global shares and a fall in the rupee. At 9:19 a.m., the Sensex was down 42 points to 25,865 while Nifty fell to 7,731. The rupee tumbled to 61.23/dollar - its lowest since March 21 - amid broad gains in the dollar. Rupee had closed at 60.85 yesterday.


In currencies, the dollar hit its highest against a basket of currencies since last September after the Institute for Supply Management said service-sector growth hit an eight-and-a-half-year peak on strength in new orders and employment. The dollar index recently was last at 81.544, not far from the overnight peak of 81.626.


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