Rudra Investment expert says Bank Nifty Share Price The stock market has lost the initial edge due to weakness in rupee. Against the dollar, the rupee has once again crossed the 74 level. In the intra-day, the rupee depreciated by 46 paise to a low of 74.13 per dollar. The Sensex dropped 240.43 points to 33,650.70 after the rupee slumped. The Nifty fell 80 points to 10,118.45 Except IT on the Nifty, all sectors are doing business in red marker. The worst decline is seen in the Nifty Metal Index. Tata Steel dropped 4 percent, Coal India more than 3 percent.
Midcap and smallcap stocks also fell
Sales in mid-caps and smallcap stocks dominate with large-cap as well. The BSE mid-cap index has dropped 0.42 percent, while the mid-cap index of the Nifty has declined by 0.13 percent. BSE's small-cap index has shrunk by 0.31 percent.
What stocks fall, the boom in
During the business, the rise in YES Bank, Infosys, HDFC, Sun Pharma, SBI, ONGC, RIL, Maruti, TCS, HUL increased. Coal India, Tata Steel, L & T, HDFC Bank, ITC, ICICI Bank have fallen.
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