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The
Indian Equity market is still under pressure with the Sensex is down 57 points or 0.2
percent at 25621.93. The Nifty is down 14.40 points or 0.2 percent at 7840.65. About
977 shares have advanced, 742 shares declined, and 96 shares are unchanged.
Hindalco, Tata Steel, M&M, BHEL, NTPC are gainers while ICICI Bank, Adani
Ports, Hero, Bajaj Auto and SBI are losers in the Sensex.
The Indian stock market is trading lower this morning, extending losses to a third successive day, on weak global cues and on caution ahead of the U.S. Federal Reserve's monetary policy meeting. Though it is widely expected that the Federal Reserve will not lift rates at this meeting, markets are looking for clues on whether a June rate hike is on the table.
In the Forex market, the Indian rupee opened marginally lower at 66.72 a dollar, extending losing streak for the fourth straight session. Key Indian equity indices opened lower on Tuesday in line with peers in other markets across the globe, notably due to caution before the meetings of the central banks of the US and Japan this week.
The Indian stock market is trading lower this morning, extending losses to a third successive day, on weak global cues and on caution ahead of the U.S. Federal Reserve's monetary policy meeting. Though it is widely expected that the Federal Reserve will not lift rates at this meeting, markets are looking for clues on whether a June rate hike is on the table.
In the Forex market, the Indian rupee opened marginally lower at 66.72 a dollar, extending losing streak for the fourth straight session. Key Indian equity indices opened lower on Tuesday in line with peers in other markets across the globe, notably due to caution before the meetings of the central banks of the US and Japan this week.
