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Last Updated : Aug 25, 2015 11:36 AM IST | Source: Moneycontrol.com

Nifty breaks 7700, Sensex slips over 300pts; rupee down too

Technology, healthcare and capital goods stocks dragged the market. Infosys, Lupin, Sun Pharma, Maruti Suzuki, Bharti Airtel, Cipla, BHEL and Vedanta fell 3-6 percent followed by L&T, HDFC, SBI and Dr Reddy's Labs with 1-2.5 percent losses.


Moneycontrol Bureau

Equity benchmarks extended losses with the Nifty falling below 7700 for the first time since August 2014, down 114.65 points or 1.47 percent to 7694.35. The Sensex plunged 349.32 points or 1.36 percent to 25392.24.


The broader markets, too, were under pressure as the BSE Midcap lost 1.5 percent and Smallcap tumbled 3 percent. About five shares declined for every share advancing on the Bombay Stock Exchange.


The rupee erased all its morning gains, down 8 paise to 66.72 a dollar.

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Technology, healthcare and capital goods stocks dragged the market. Infosys, Lupin, Sun Pharma, Maruti Suzuki, Bharti Airtel, Cipla, BHEL and Vedanta fell 3-6 percent followed by L&T, HDFC, SBI and Dr Reddy's Labs with 1-2.5 percent losses.


However, Axis Bank (up 1.14 percent), Coal India (up 2.5 percent), HUL (up 0.52 percent) and ICICI Bank (up 0.11 percent) bucked the trend.



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First Published on Aug 25, 2015 11:36 am
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