Next Article
Sensex, Nifty slip as rupee weakens; SBI, Eicher Motors buck the trend
Business
Indian stock markets dipped mid-day on Wednesday, with Sensex dropping 239 points to 64,440 and Nifty falling 77 points to 19,783.
The early optimism faded thanks to a weaker rupee and global jitters, plus foreign investors pulling out funds.
More stocks fell than rose; a few standouts
Most stocks were in the red—2,501 declined while only 1,424 advanced.
Still, Shriram Finance managed a 1.4% gain, and both SBI and Eicher Motors nudged up over 1%.
On the flip side, Max Healthcare lost more than 3%.
Broader indices like Nifty Midcap and Smallcap also slipped as market mood stayed cautious amid US rate uncertainty and slow India-US trade talks.