Stock &
Nifty Market Closing News:
Global markets weighed on Indian investors' sentiments.
The Sensex was down 242.74 points or 0.9 percent at 25665.27 and the Nifty
slipped 74.50 points or 0.96 percent at 7672.05. About 1496 shares have
advanced, 1479 shares declined, and 116 shares are unchanged.
Infosys, M&M, Reliance, BHEL and HUL are top gainers
while ITC, ICICI Bank, Sesa Sterlite, Axis Bank and Bharti were among major
losers in the Sensex.
The Indian rupee fell to a four-and-half month low
against the dollar on Wednesday. The partially convertible currency fell to
61.41 per dollar, its lowest since March 14. It later recovered to trade at
61.30, against its previous close of 60.85/dollar.
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