The Indian rupee ended lower by 50 paise at 86.59 per dollar on June 20 against the June 13 closing of 86.09.
The Indian rupee ended marginally lower against the US dollar as domestic currency finished at 85.63 per dollar on June 6 against the May 30 closing of 85.58.
Adani Ports, M&M, Eternal, Tata Consumer, Power Grid Corp were among major gainers on the Nifty, while losers included Hero MotoCorp, Tech Mahindra, JSW Steel, HDFC Life, Tata Steel. Among sectors, PSU Bank and Realty gained 2 percent each, while Consumer Durables, IT and Metal indices down 0.5 percent each. The BSE midcap index rose 0.6 percent and smallcap index added 0.4 percent.
Sensex today | Indian benchmark indices ended lower on Friday, weighed down by mixed global cues. Broader markets, which had been resilient so far, gave in to profit-taking, with the Smallcap index snapping a five-day winning run. In contrast, PSU banks outperformed, rallying nearly 3 percent as investors cheered their robust Q4 earnings.
Stock Market LIVE Update: Sensex Today: Nifty Realty was the top gainer followed by Nifty Metal, which gained 0.8 percent. Top stocks that gained today include IndusInd Bank, Sun Pharma and Adani Ports
IndusInd Bank, Axis Bank, Trent, ONGC, Asian Paints were among major gainers on the Nifty, while losers were Maruti Suzuki, Hindalco, Bajaj Finance, L&T, Tata Motors. Among sectors, except auto, IT, pharma all other indices ended in the green with media, PSU Bank, oil & gas up 1-2 percent. BSE Midcap index rose 0.5 percent and smallcap index jumped nearly 1 percent.
Except auto, pharma, FMCG, all other sectoral indices ended in the red with IT, metal, telecom indices down 2 percent. Nifty Midcap and smallcap indices shed 1 percent each.
The Sensex rose 0.02% to close at 81,526.14 points, while the Nifty gained 0.13% to end at 24,641.80 points.
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Nifty tests 23,500 as indices come off intra-day highs. Sensex, Nifty Shave Off 1% From Day's High. Energy, PSU bank, metals under pressure. Join Lovisha Darad and Nandita Khemka as they break down the key stocks to watch and discuss insights on market performance trends and sectoral movements.
M&M, Titan Company, Tech Mahindra, Infosys and Nestle were among major gainers on the Nifty, while losers were Coal India, Tata Steel, Trent, Asian Paints and Shriram Finance.
Going forward, the market remains a buy on dips as long as 23000 is not broken. On the higher end, the index might move towards 23500-23600, says Rupak De, Senior Technical Analyst, LKP Securities.
Trends in the GIFT Nifty indicate a positive start for the broader index in India, with a gain of 26.50 points or 0.12 percent.
The HSBC Services Purchasing Managers' Index (PMI), compiled by Markit, slipped from 47.6 in August to 44.6 in September, its weakest since April 2009.
Dhirendra Tiwari of Antique Broking feels that the volatility in the market is likely to continue. Given the political uncertainty in the country and global newsflow, one can expect some more downside in the market, he said in an interview to CNBC-TV18.
The rupee hit a near two-month low in early trading on Monday, tracking losses in most other Asian currencies, although some corporate dollar selling helped prevent broader losses in the local currency.
Bad corporate results, poor global cues and weak domestic economic situation kept investors in the sidelines once again, leading to a very sluggish Tuesday. The Sensex closed 91.37 points at 19659.82, and the Nifty ended the day 30.35 points lower at 5956.90.