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Sensex down 260 points, Nifty trades around 10,700

IANS  |  Mumbai 

The Indian equity indices traded in the red on Monday afternoon with the trading over 260 points lower.

The Nifty50 on also slumped and was around the 10,700-mark level during the afternoon session.

Weakness in the Asian markets and depreciation in the Indian rupee dampened the domestic market sentiments, analysts said.

At 1.32 p.m., the Sensex traded at 35,747 points, lower by 262.84 points or 0.73 per cent from the previous close of 36,009.84 points.

It had opened at 36,113.27 points and touched an intra-day high of 36,124.94 and a low 35,691.75 points.

The Nifty50 traded at 10,708.60, lower by 86.35 points or 0.80 per cent from the previous close of 10,794.95 points.

The rupee was trading around 70.80 (1.32 p.m.) against the previous close of 70.49 per dollar.

Except IT and (technology, media and entertainment) stocks, all the sectoral indices declined during the day, led by heavy selling pressure in banking, capital goods and auto stocks.

The only gainers on the Sensex were Yes Bank, and while IndusInd Bank, and Vedanta lost the most.

--IANS

rrb/mr

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, January 14 2019. 13:48 IST
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