Dynamite News
Market opens on a choppy note; metal, bank stocks fall
Domestic equity benchmark BSE Sensex started on a choppy note on Wednesday tracking weakness in metal and banking stocks amid tepid cues from global markets.
Mumbai: Domestic equity benchmark BSE Sensex started on a choppy note on Wednesday tracking weakness in metal and banking stocks amid tepid cues from global markets.
After opening slightly higher than its previous close, the 30-share index slipped into the red to trade 12.46 points, or 0.03 per cent, lower at 37,628.81 at 0930 hours, while the broader Nifty fell 7.30 points, or 0.06 per cent, to 11,098.05 in early trade.
In the previous session, the BSE barometer closed 147.15 points, or 0.39 per cent, higher at 37,641.27; and the Nifty rose 47.50 points, or 0.43 per cent, to 11,105.35.
The rupee, meanwhile, turned flat against its previous close to trade at 71.48 in early session. Exchanges on Wall Street too ended on a negative note on Tuesday. (PTI)