Mumbai, November 15: Key Indian equity domestic indices- BSE Sensex and NSE Nifty opened in red during early morning trade on Wednesday. BSE Sensex slumped 61 points or 0.19% at 32,879.90 while the wider NSE Nifty was down by over 19 points or 0.19% at 10,166.95. The rupee opened flat at 65.43 per on Wednesday dollar versus 65.42 Tuesday. In the pre-opening session, Sensex and Nifty traded flat. Companies that are scheduled to announce their quarterly results today include Care Ratings, Somani Ceramics, HMT, Automotive Axles, Digjam, Golden Tobacco, Wonderla Holidays and The New India Assurance among others.
At 3.30 PM: Markets closed in red on Wednesday. Sensex was down by over 181 points or 0.55% at 32,760.44 while the wider Nifty was down by over 68 points or 0.67% at 10,118.05.
At 2 PM: Sensex was down by over 109 points or 0.33% at 32,832.44 while the wider Nifty was down by over 47 points or 0.47% at 10,138.70 weighed down by metal stocks, as trade deficit widened to an almost 3-year high. Disappointing quarterly earnings by some blue- chip companies and weak global cues made mood gloomy.
At 12.30 PM: Sensex was down by over 105 points or 0.32% at 32,836.03 while the wider Nifty was down by over 37 points or 0.37% at 10,148.75. 5Paisa Capital, an online financial services provider belonging to the IIFL Group, will make its debut on the bourses on November 16.
At 10.30 AM: Sensex slumped 105 points or 0.32% at 32,836.02 while the wider Nifty was down by over 33 points or 0.33% at 10,153.00. Shares of Bank of Baroda climbed as much as 3 per cent in trade on Wednesday after asset quality of the company improved in Q2FY18
At 9.30 AM: Sensex was down by over 83 points or 0.25% at 32,858.62 while the wider NSE Nifty was down by over 31 points or -0.31% at 10,155.30. All sectoral indices led by metal, power and FMCG were trading in the red, falling by up to 2.14 per cent.
On Tuesday, BSE Sensex today dropped by 92 points to end at three-week low of 32,941.87 points after retail Inflation hitting a seven-month high in October. The annual wholesale inflation rose to 3.59 per cent in October from 2.6 per cent in September a six-month high driven by an increase in food and fuel prices and in line with a similar spike in retail inflation. Brokers said that sentiments suffered a jolt after retail inflation climbed to 7-month high in October, dampened hopes of a cut in interest rates by the Reserve Bank at its upcoming policy meet early next month.