Market Live: Nifty opens August series below 10,000, Sensex sheds over 100 pts

NIFTYThe NSE Nifty started off the August series on a negative note, falling below 10,000-mark on correction in banks and healthcare stocks.

 

The 30-share BSE Sensex was down 134.80 points at 32,248.50 and the 50-share NSE Nifty fell 33.45 points to 9,987.10.

 

ICICI Bank, Dr Reddy’s Labs, HUL, Lupin, Bharti Airtel, Hindalco, ONGC, Vedanta and Sun Pharma fell up to 5 percent while ITC and L&T gained.

 

Nifty Midcap was down 0.3 percent as about two shares declined for every share rising on the NSE.Biocon, Idea Cellular, Redington, Balaji Amines, Blue Dart and Shree Renuka Sugars lost up to 4 percent.
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Indian rupee opens weak at 64.19 per dollar

2017_2image_09_33_51072771635753628-llThe Indian rupee fell in the opening trade on Friday. It has opened lower by 8 paise at 64.19 per dollar on versus previous close 64.11.

The dollar stalled against its major peers – its mild bounce earlier petering out ahead of the second quarter US economic growth data due later today.

“The Euro came under pressure in yesterday’s session after dollar rose against its major crosses. In the past few sessions the euro has rallied following weakness in the US dollar.

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