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The S&P BSE Sensex started on a cautious note on Wednesday following muted trend seen in other Asian markets. The fall in the index was led by losses in Dr Reddy's Laboratories, HDFC, Bharti Airtel, and ICICI Bank.The Nifty50 slipped broke below its crucial psychological support level of 7,700, weighed down by losses in consumer durable, realty, power, and telecom stocks.
Indian shares fell for a fifth consecutive session on Tuesday after earlier hitting their weakest in more than three months, as oil producers such as Oil and Natural Gas Corp (ONGC.NS) extended falls after crude prices tumbled to seven-year lows.The BSESensex fell as much as much as 1.1 percent to its weakest since Sept. 8. It ended the day down 0.86 percent.The Nifty fell as much as 1 percent to its weakest level since Sept. 10, and ended the session down 0.82 percent.ONGC fell 3.6 percent, having earlier hit its weakest since May 2009.
The S&P BSE Sensex started on a cautious note on Wednesday following muted trend seen in other Asian markets. The fall in the index was led by losses in Dr Reddy's Laboratories, HDFC, Bharti Airtel, and ICICI Bank.The Nifty50 slipped broke below its crucial psychological support level of 7,700, weighed down by losses in consumer durable, realty, power, and telecom stocks.
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