Sensex falls over 200 points; Nifty slips below 7550 level

Today in the morning hours, The equity benchmarks extended loses with S&P BSE Sensex is trading at 24,703 down 197 points, while NSE Nifty is trading at 7,561 down 53 point.

The Indian rupee opened lower by 8 paise at 66.72/$ on Wednesday as against the previous close of 66.65$. On Wednesday, Indian rupee weakened further, impacted by foreign capital outflows and demand for the green back from the importers

Nifty Tips today

Lupin (up 1.5 per cent), Axis Bank (up 1.4 per cent), Dr Reddy’s Laboratories (up 1.2 per cent), Adani Ports (up 1.4 per cent), and Tata Steel (up 0.90 per cent), were the major Sensex gainers.

Maruti Suzuki (down 1.5 per cent), HDFC (down 1.5 per cent), ITC (down 0.95 per cent) and Wipro (down 0.6 per cent) were the major Sensex losers.