Benchmark indices have turned choppy in the morning trades after a weak opening tracking weakness among the Asian peers and losses in Wall Street after US Federal Reserve Chair Janet Yellen warned of high share valuations, adding to anxiety about future interest rates. The Sensex is down 4 points at 26,713 while the Nifty has shed 14 points to quote at 8,083 mark.
Top gainers on the BSE include Bajaj Auto, TCS, Infosys, Bharti Airtel and Hero Motocorp. However, Hindalco, Dr Reddy’s Lab, RIL, ICICI Bank and GAIL are losing sheen on the BSE and are down between 1.5-4%.
The rupee is quoting at 63.78, the lowest level in the year 2015 owing to losses in equities, with foreign investors pulling out of the markets.
Asian stocks fell on Thursday, taking the lead from losses on Wall Street, while a rise in euro zone debt yields amid a global bond rout kept the euro hovering at a two-month peak versus the dollar.
Shares of Hero Motocorp are trading higher by 0.8% ahead of the quarterly results due later during the day.
Banking heavyweights such as ICICI Bank, Yes Bank, Axis Bank, HDFC Bank and SBI have dropped between 0.3-2%.
Banking heavyweights such as ICICI Bank, Yes Bank, Axis Bank, HDFC Bank and SBI have dropped between 0.3-2%.
Top gainers on the BSE include Bajaj Auto, TCS, Infosys, Bharti Airtel and Hero Motocorp. However, Hindalco, Dr Reddy’s Lab, RIL, ICICI Bank and GAIL are losing sheen on the BSE and are down between 1.5-4%.
The rupee is quoting at 63.78, the lowest level in the year 2015 owing to losses in equities, with foreign investors pulling out of the markets.
Asian stocks fell on Thursday, taking the lead from losses on Wall Street, while a rise in euro zone debt yields amid a global bond rout kept the euro hovering at a two-month peak versus the dollar.
Shares of Hero Motocorp are trading higher by 0.8% ahead of the quarterly results due later during the day.
Banking heavyweights such as ICICI Bank, Yes Bank, Axis Bank, HDFC Bank and SBI have dropped between 0.3-2%.
Banking heavyweights such as ICICI Bank, Yes Bank, Axis Bank, HDFC Bank and SBI have dropped between 0.3-2%.
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