Sensex, Nifty continue to remain volatile

Sensex, Nifty remain volatile and are trading in red, however, the only positive is that the markets are operating in the same range. Nifty sectoral indices are trading in red wherein Nifty FMCG and Pvt Banks are marginally up and trading in green. Also, the Sensex indices are trading in negative and on marginally down.

Laurus Labs Ltd has maintained its 12% up trend since morning.

The S&P BSE Sensex is trading at 26429 down 60 points, while NSE Nifty is trading at 8,120 down 19 points. A total of 16 stocks registered a fresh 52-week high in trade today, while 20 stocks touched a new 52-week low on the NSE.

Out of 1897 stocks traded on the NSE, 885 declined, 703 advanced and 309 remained unchanged today.

The BSE Mid-cap Index is trading down 0.11% at 12222, whereas BSE Small-cap Index is trading down 0.14% at 12096.

Some buying activity is seen in Oil & Gas, Energy, Utilities, Power while Auto, Banks, Consumer Durables, Capital Goods, Information Technology, Healthcare, Telecommunication are showing weakness on BSE.

GAIL, Aurobindo Pharma, Tata Power, Cipla, Grasim, ICICI Bank, Lupin, Reliance, BPCL, Tata Motors are among the gainers, whereas Infratel, Asian Paints, Sun Pharma, Bosch, Adani Ports, Maruti, Ultratech Cement, Bharti Airtel, ACC, HDFC are losing sheen on NSE.

The INDIA VIX is down 3.80% at 14.67.

Buzzing Stocks:

Laurus Labs opens at a premium against issue price of Rs 428, currently trading at Rs 480.30.

Aban Offshore Ltd shares up 2.23%, as the Company intends to buy 49% stake in Aban Drilling services, a company newly incorporated to explore deep water drilling opportunities.

Tree House down 19.9%. Zee Learn down 3%, post withdrawal of merger plan.

Ramco stocks up by 2.59% after it bags deal with UAE-based Horizon Hospitality Holdings.

Jai Corp stocks up 8%, bids for construction of Navi Mumbai International Airport to open early next month.

Lupin Ltd stocks marginally up, company launches generic of Vfend tablets,

Clariant Chemicals (India) Ltd shares down 1.3% as promoters sells 13.2% stake.

Sensex drops below 26500; Aurobindo Pharma up

Sensex following the first hour of trading has dropped over 100 points and dipped below 26500. While, Nifty is holding at 8100, Nifty sectoral indices are trading in red wherein only Nifty PSU Banks has moved to green. Also, the Sensex indices are trading in the negative range and are marginally down.

At 10:42 AM, the S&P BSE Sensex is trading at 26424 down 66 points, while NSE Nifty is trading at 8,119 down 20 points. A total of 12 stocks registered a fresh 52-week high in trade today, while 14 stocks touched a new 52-week low on the NSE.

Out of 1892 stocks traded on the NSE, 800 declined, 724 advanced and 368 remained unchanged today.

The BSE Mid-cap Index is trading down 0.11% at 12223, whereas BSE Small-cap Index is trading down 0.13% at 12097.

Some buying activity is seen in Oil & Gas, Energy while Auto, Bank, Consumer Durables, Capital Goods, Information Technology, Healthcare are showing weakness on BSE.

Aurobindo Pharma, GAIL, BPCL, Tata Power, Idea, ICICI Bank, Reliance, Hindalco, ITC, Grasim are among the gainers, whereas Adani Ports, Asian Paints, Sun Pharma, Infratel, HUL, Maruti, ACC, Tech Mahindra, Dr Reddy, Eicher Motors are losing sheen on NSE.

The INDIA VIX is down 2.03% at 14.94.

Buzzing Stocks:

Aban Offshore intends to buy 49% stake in Aban Drilling services, a company newly incorporated to explore deep water drilling opportunities.

IRB Infra unit gets Rs 242 crore in arbitral award amount.

CCI clears Abbott Laboratories's St. Jude Medical acquisition subject to 'voluntary remedies'.

Axis Bank cuts overnight MCLR by 10 bps.

BHEL will focus on achieving a more "balanced business mix" over the next few years by increasing the capacity of its non-power verticals.

Ceat approves plan to invest up to Rs 2,800 crore.

Clariant Chemicals India's promoter Ebito Chemiebeteiligungen AG sold 13.24% stake in the company to a number of fund houses and insurance companies in a series of block deals on BSE.

Gayatri Projects to consider share split in 1:5 ratio.

Jublilant Life Sciences' promoters have pledged 1.57% stake to Axis Finance.

IOC has increased petrol prices by Rs 2.21 per litre and diesel prices by Rs 1.79 per litre.

NMDC invests Rs 1,222 crore to set up Nagarnar steel plant in Chhattisgarh.

NALCO, NTPC in pact to set up 2,000 MW power unit in Odisha.

Overseas arm ONGC Videsh has raised $1 bln through a US dollar bond issue to finance its acquisition of 15% in Russia's oil field Vankor.

PTC INDIA: Copthall Mauritius Investment sold 5.77 mln shares, or 0.57% stake.

Jai Corp, GVK Power, RIIL: Navi Mumbai airport bids to open in January.

Swelect Energy to amalgamate subsidiary HHV Solar Technologies with self.

Pudumjee Paper: CRISIL upgrades rating outlook to positive from stable.

Zee Learn withdraws merger plan with Tree House.

Jindal Stainless to consider convertible warrants issue.

Sensex, Nifty open lower; HDFC, Tata Motors, Axis Bank decline

Equity benchmarks opened flat with a negative bias on Monday due to lack of global as well as local cues. Banking & financials, healthcare and FMCG stocks were under pressure while metals stocks gained. 

The 30-share BSE Sensex was down 36.83 points at 26452.73 and the 50-share NSE Nifty fell 13.45 points to 8126. 

HDFC, Tata Motors, HDFC Bank, Axis Bank, Asian Paints, SBI and Sun Pharma fell 0.4-1 percent while Reliance Industries, Dr Reddy's Labs, Coal India and Bharti gained. 

The Indian rupee has opened lower by 5 paise at 67.81 per dollar on Monday against Friday's closing value of 67.76 a dollar. 

Pramit Brahmbhatt of Veracity feels constant FII outflow and strong dollar index will put pressure on the rupee. According to him, the USD-INR pair is expected to trade in a range of 67.50-68/dollar for the day. The dollar slipped below the 103 mark as profit-taking halts the momentum of the greenback's rally. 

Asian markets were mixed with the Hang Seng falling 0.8 percent while Australia's ASX 200 rising 0.7 percent. US stocks fell on Friday, weighed by a more than 4 percent drop in Oracle shares, while recently battered stocks in the real estate and utilities sectors posted the largest gains.

Sensex, Nifty end in red after trading in narrow range

It was a complete choppy session, as market was seen grinding in a narrow 25 points trading range especially in the second half. Nifty was unable to surpass the crucial 200-DMA which is now placed at 8221.

In addition, Nifty also breached below the 8150 support zone for the first time this week after managing to hold on throughout the week.

A close below the support zone indicates that further weakness is likely on the cards. Any kind of recovery will once again find stiff resistance at the 200-DMA of 8221 and its immediate previous peak of 8250.

The Benchmark indices in Asia, Europe and India more or less exhibited a subdued outlook. The key factor influencing this was the US Federal Reserve rate hike that was announced earlier this week.

Asian indices ended on a positive note amid subdued trading as traders chose to hold off on further bets ahead of the weekend. Some emerging markets' shares continued to be weak on US Fed's 2017 interest rate outlook. The drop in Hong Kong was due to the fear that investors harboured regarding outflow of capital due to the US Fed rate hike.

Japan's Nikkei 225 closed at 19401 up 0.66%, Singapore's Straits Times closed at 2939 up 0.31%, China's Shanghai Composite ended at 3122.98 up 0.17%, while Hong Kong's Hang Seng closed at 22020 down 0.18%, the only index to close in red among the lot.

Similar sentiment was exhibited by European indices as the markets opened a mixed and subdued note. At the time of filing this report, CAC-40 was trading at 4817 down 0.03%, trading in red, while FTSE 100 was trading at 6999 and DAX was trading at 11381 up 0.13%.

The BSE Sensex ended with a loss of 30 points at 26489. The benchmark indices opened at 26548.67, touched an intra-day high of 26594.55 and low of 26455.21.

The NSE Nifty was down 14 points and closed at 8,139. It opened at 8,178.20 points, hitting a high of 8,178.70 and low of 8,127.45.

The India VIX (Volatility) index was down 2.57% at 15.25. The BSE Midcap closed at 12236.5 and Smallcap indices closed at 12113.5, both closing marginally down.

Out of 1513 stocks traded on the NSE, 899 declined and 533 advanced today.

A total of 15 stocks registered a fresh 52-week high in trade today, whereas 17 stocks touched a new 52-week low on the NSE.

At the close of day, Tata Motors, Zee, Bosch, Infosys, Infratel, TCS, Eicher Motors, Maruti, HDFC Bank, HDFC were the top gainers while Hindalco, Ultratech Cement, Bharti Airtel, ONGC, BHEL, Grasim, Tata Power, ICICI Bank, Adani Ports, ACC were among the losers on NSE.

The Indian Rupee was trading at 67.79 per dollar. Gold was trading at Rs 27,110 per 10 gms and silver was trading at Rs 39,597 per kg.

In a pressure filled day, the noteworthy stock is Claris Lifesciences Ltd which hit a record high of Rs 430.10, up 20% after the company sold its injectable business to a US healthcare company.

Sensex, Nifty lower amid volatility; banks, metals, telecom dip

The 30-share BSE Sensex was down 28.50 points at 26490.57 and the 50-share NSE Nifty declined 14.90 points to 8138.70. The market breadth weakened further as about 1290 shares slipped against 1072 advancing shares on the BSE. 

Nifty Bank, Metal, Healthcare and Realty indices were under pressure while IT and Auto gained. 

Oil marketing companies IOC, HPCL and BPCL shares were down 1-1.5 percent after they have deferred a planned Rs 2.26 a litre hike in petrol and Rs 1.78 increase in diesel. These companies revise rates, particularly when a price cut is necessitated, on 1st and 16th of every month based on average international price in the previous fortnight. 

In the broader space, Tree House was locked at 20 percent lower circuit as following playgroup downing the shutters on 113 branches across India, the company has come under a spotlight. It has claimed that it hasn't been able to pay staff salaries leading to the shutting of branches. 

Bajaj Auto launched its latest sports bike Dominar 400 priced up to Rs 1.5 lakh (ex-showroom Delhi) as it looks to challenge segment leader Royal Enfield in the Rs 1-2 lakh category.

GE Shipping takes delivery of secondhand Supermax dry bulk carrier.

Cipla subsidiary in the Netherlands will pump in up to euro 16.8 million to form a joint venture with its Iranian distributor Ahran Tejarat Company. The JV proposes to undertake manufacturing and marketing of pharmaceutical products in Iran.

Dilip Buildcon wins new project from Andhra Pradesh worth Rs 260 crore, earlier had bagged order worth Rs 900 crore from Maharashtra.

Claris Lifesciences has agreed to sell its global generics injectables business to Baxter International for a total consideration of US $ 625 million. The Boards of both companies have approved the deal, which is expected to close in the second half of 2017, a note from Baxter said.

Sical Logistics informed that its logistics operations at Chennai, Kamarajar port interrupted due the cyclone.

Welspun India is investing Rs 600 crore for setting up a facility for manufacturing carpets, area rugs and carpet tiles here, marking the leading global home textile firm's foray into flooring solutions segment.

Phoenix Mills acquires additional 3.75% stake in subsidiary, Alliance Spaces.

Persistent's promoter S P Deshpande to donate 4.99% stake to philanthropic foundation.

IL&FS Transport to acquire 4 Indian investments by Elsamex for Rs 141 crore.

Saksoft acquires majority stake in Dreamorbit to strengthen IoT.

Axis Bank dismisses 24 staffers, suspends 50 accounts after IT raids.

Sanofi said to be in advanced talks to buy drugmaker Actelion.

Merck wins $2.54 bn in Hepatitis C drug trial against Gilead.

Goldman Sach's case against Gati fast-tracked in test for courts

Telenor looks to sell its India unit to Idea Cellular.

Nifty, Sensex flat; Pharma, Oil & Gas down

Asian indices opened flat to positive as most currencies adjusted to the renewed bout of strength in the US$. The US$ now looks very heavily overbought as consensus bullishness makes the gains a one way street which could cap the upside in the near term. Oil rallied marginally as US equities flirted with 19500 before profit booking trimmed the gains. Gold continues to test bear market territory & could well be the casualty asset class for 2017.

China's Shanghai Composite opened at 3,111.51, Hong Kong's Hang Seng opened at 21,996.38, Singapore's Straits Times started at 2,934.29 while Japan's Nikkei 225 opened at 19,438.39.

The US benchmark indices ended on a positive note with key indices gaining more than 0.30%. Following the rate hike announced by the US Federal Reserve's Monetary Policy Commttee, the shares of financial companies gained wherein banks' shares rose the most as they see maximum benefit from a rise in interest rates in the US.

S&P 500 ended at 2262 up 0.39%, Nasdaq Composite closed at 5456 up 0.37% and Dow Jones Industrial Average ended the day at 19852 up 0.30%.

The December futures of Nifty 50 ended at a premium of 19.45 points to the spot index, and open interest in the contract fell 6.0% to 15.58 mn. Post rate hike by the US Fed, it seems interest rates are rising by 75 basis points in 2017 as compared with 50 basis points earlier, which is set to raise the cost of funds for foreign funds who invest in emerging markets like India.

At 09:56 AM, the S&P BSE Sensex is trading at 26524 up 5 points, while NSE Nifty is trading at 8,149 down 3 points. A total of 13 stocks registered a fresh 52-week high in trade today, while 12 stocks touched a new 52-week low on the NSE.

Out of 1875 stocks traded on the NSE, 552 declined, 880 advanced and 443 remained unchanged today.

The BSE Mid-cap Index is trading up 0.06% at 12247, whereas BSE Small-cap Index is trading up 0.26% at 12175.

Some buying activity is observed in Auto, Conusmer Durables, Information Technology, Telecommunications sectors, while Oil & Gas, Metal, Pharma, Bank, FMCG are showing weakness on BSE.

Tata Motors, Infosys, Bank of Baroda, HDFC, Tata Motor DVR, Zee, NTPC, Maruti, TCS, Infratel are among the gainers, whereas Aurobindo Pharma, Sun Pharma, ONGC, Ultartech Cement, M&M, HCL Tech, Hindalco, Tata Power, ACC, Idea are losing sheen on NSE.

The INDIA VIX is down 2.18% at 15.3.

Market closes lower amid volatility; Nifty settles at 8,153.60

Towards end of the trading hours, Sensex and Nifty both lost points it had gained in the afternoon hours of trade. Both indices closed in red, Nifty ended at 8153 while Sensex ended losing more than 80 points. Nifty sectoral indices end on a mixed note wherein Nifty PSU Bank had gained 0.75%, followed by Nifty IT which gained 0.66% while Nifty Pharma and FMCG were worst hit, down 1.88% and 0.87% respectively.

Majority of the Asian indices, with the exception of Japan, ended on a weaker note due to the US Federal Reserve's hawkish outlook on interest rates. Hong Kong's Hang Seng ended at 22059 down 1.77%, Singapore's Straits Times ended at 2930 down 0.79%, China's Shanghai Composite ended at 3117 down 0.73%, however Japan's Nikkei 225 closed at 19273 up 0.1%, the only index to end in green.

On the other hand, the European benchmark indices were up in early trade after the US Central bank announcement where it had raised its policy interest rate by 25 bps and indicated three hikes next year. The banking stocks were the lead gainers across Europe, as market participants saw the US rate hike as a positive for the financial sector, which has been struggling with low yields for close to almost 8 years. CAC-40 was trading at 4797 up 0.60%, DAX was trading at 11304 up 0.53% and FTSE 100 was trading at 6936 down 0.19%. The US Nasdaq was trading at 5436 down 0.50%

The BSE Sensex ended with a loss of 84 points at 26519. The benchmark indices opened at 26497.71, touched an intra-day high of 26737.86 and low of 26407.58.

The NSE Nifty was down 29 points and closed at 8,153. It opened at 8,128.40 points, hitting a high of 8,225.90 and low of 8,121.95.

The India VIX (Volatility) index was down 5.65% at 15.6. The BSE Midcap closed at 12240.8 and Smallcap indices closed at 12143.4, both closing marginally up.

Out of 1470 stocks traded on the NSE, 701 declined and 697 advanced today.

A total of 21 stocks registered a fresh 52-week high in trade today, whereas 15 stocks touched a new 52-week low on the NSE.

At the close of day, Axis Bank, TCS, ONGC, IndusInd Bank, M&M, Bank of Baroda, HCL Tech, PowerGrid were the top gainers while Sun Pharma, Tata Motor DVR, NTPC, Grasim, Ambuja Cement, Tata Motors, Bosch were among the losers on NSE.

The Indian Rupee was trading at 67.82 per dollar. Gold was trading at Rs 27,156 per 10 gms and silver was trading at Rs 40,565 per kg.

Buzzing Stocks:

Bajaj Auto up 1% on launch of  Bajaj Dominar 400 cc bike.

Rallis India H1 FY17 EPS jumped 42% YoY and demonetisation is likely to exert pressure on H2 FY17 performance. Promising progress in new molecule development in CRAMS, and opportunity for sharp earnings growth over next 3-5 years.

Ramco Systems up 8.5% as GoAir upgrades Ramco Aviation Suite V5.5 to V5.8 across 23 locations to experience power of Mobility and Anywhere Apps.

Infosys stocks up +1.53%, Company makes announcement on investment plans in ideaForge.

Indian Oil Corp sought up to 80,000 tonnes of 40ppm sulphur diesel for delivery in late December.

Nifty trading over 8200, Sun Pharma down

The S&P BSE Sensex is trading at 26678 up 75 points, while NSE Nifty is trading at 8,203 up 21 points. A total of 16 stocks registered a fresh 52-week high in trade today, while 14 stocks touched a new 52-week low on the NSE.

Out of 1882 stocks traded on the NSE, 484 declined, 1027 advanced and 371 remained unchanged today.

The BSE Mid-cap Index is trading up 0.36% at 12285, whereas BSE Small-cap Index is trading up 0.68% at 12200.8.

Some buying activity is observed in Information Technology, Bank, Auto, Metal, Capital Goods sectors, while Healthcare, Oil & Gas, FMCG, Energy are showing slight weakness on BSE.

TCS, HCL, M&M, PowerGrid, IndusInd Bank, Bajaj Auto, Infosys are among the gainers, whereas Sun Pharma, Tata Motors, BPCL, Ultratech Cement, Bharti Airtel, Dr Reddy are losing sheen on NSE.

The INDIA VIX is down 6.73% at 15.4.

The SGX Nifty 50 December futures were marginally up today.

Buzzing Stocks:

Infosys stocks up +1.53%, Company makes announcement on investment plans in ideaForge.

An overwhelming majority of shareholders of Tata Consultancy Services (TCS) voted to oust Cyrus Mistry as Director from the company’s board at the company’s extraordinary general meeting (EGM) held in Mumbai.

The US drug regulator has flagged serious problems with the testing programmes at drugmaker Sun Pharma's manufacturing facility at Halol.

Bharti Airtel and Vodafone India are pushing ahead the government's broad agenda to move towards cashless economy, at a time when demonetisation has crippled cash payments due to inadequate cash in the system. 

Bajaj Electricals has entered into a strategic alliance with the UK-based firm Gooee to create lighting products and solutions on the Internet of Things (IoT) platform.

NTPC has lined up investments worth Rs 26.48 bn for developing three coal blocks in Odisha.

Lupin has received approval from the US health regulator to market its Desoximetasone ointment, used for providing relief from inflammation and itching in a skin disease.

Indian Oil Corp sought up to 80,000t of 40ppm sulphur diesel for delivery in late December. 

Welspun India Ltd announced its foray into flooring solutions with an investment of Rs6bn to set up a manufacturing facility for carpets, area rugs and carpet tiles at Anjar in Kutch district of Gujarat.

Wipro chief executive has split the information technology (IT) major's India and Middle East (West Asia) business in two. And, carved a separate hyper automation group by consolidating the Artificial Intelligence (AI) assets such as Holmes that would be headed by its chief technology officer, K R Sanjiv. 

NTPC has decided to replace over 25-year-old power plants totaling 11GW capacity in the next five years at an investment of Rs 500 billion.

Market rebounds on IT support; Nifty above 8200, Sensex gains.

The market has opened lower tracking global markets reacting to Federal Reserve's interest rate. The Sensex is down 165.32 points or 0.6 percent at 26437.52 and the Nifty is down 53.20 points or 0.6 percent at 8129.25. About 198 shares have advanced, 701 shares declined, and 28 shares are unchanged.

 Tata Motors, ITC, Bharti Airtel, Sun Pharma and Hero MotoCorp are losers in the Sensex. Among gainers are Adani Ports, Cipla, Infosys and Dr Reddy's Labs. 

Federal Reserve raised interest rates by a quarter point and signaled hikes could come next year at a faster pace than some expected. The Fed's decision to raise rates comes as President-elect Donald Trump, who will be sworn in next month, is seen cutting taxes and increasing spending on infrastructure.

 Fed Chair Janet Yellen indicated the central bank was, at the margins, adapting to Trump, as some committee members began shifting fiscal policy assumptions to slightly faster growth and lower unemployment. 

The Indian rupee has opened at 67.76 against the US dollar, down 33 paise from previous close after the Federal Reserve hiked interest rate and its commentary was more hawkish than expected. 

Mohan Shenoi of Kotak Mahindra Bank says as expected, US Federal Reserve hiked Fed Funds rate by 25 bps overnight. 

He sees the trading range between 67.70 and 68 against the US dollar for the day. 

Asian shares and currencies struggled on Thursday. In Japan, the Nikkei 225 surged 0.91 percent, likely due to a weaker yen which is near an 11-month low against the dollar. Across the Korean strait, the Kospi opened down 0.31 percent. 

US stocks fell the most in two months Energy stocks weighed the most on the S&P 500 after a sharp drop in US crude oil prices. The Fed's decision to raise rates comes as President-elect Donald Trump, who will be sworn in next month, is seen cutting taxes and increasing spending on infrastructure. 

The Dow Jones industrial average fell 118.68 points, or 0.6 percent, to 19,792.53, the S&P 500 lost 18.44 points, or 0.81 percent, to 2,253.28 and the Nasdaq Composite dropped 27.16 points, or 0.5 percent, to 5,436.67. 

Among asset classes, US crude prices fell nearly 4 percent, the most since mid-July, on renewed concerns about an oil glut sparked by rising U.S. crude inventories in storage.

Sensex closes in red, Nifty ends below 8200

The domestic indices were mostly trading in red throughout the day. COAL INDIA and many other listed firms posted negative results. The shares of Coal India have fallen being the top loser for the day.

The Nifty sectoral indices are also trading in red and are down by 0.50%, however, Nifty Realty and IT are trading in green, providing some relief to a sluggish day.

Sentiments are in check as investors focus on the outcome of the US Central Bank announcement that is scheduled to occur later in the day. Any comments from the US Central Bank that they may hike interest rates aggressively next year could lead to a sell-off in emerging markets.

At the global front, Asian indices ended mixed today amid cautious trade ahead of the US Federal Reserve's monetary policy outcome. China's Shanghai Composite closed at 3140 down 0.46%, Singapore's Straits Times ended at 2954.06 down 0.04%, Japan's Nikkei 225 closed at 19253 down 0.02%, all these indices closed in red, while Hong Kong's Hang Seng closed at 22456 up 0.04%.

Today, the European indices were down in early trade due to caution ahead of the outcome of US Federal Reserve's two-day policy meeting, due later today. The markets in the European region are also expecting US Central Bank to raise the interest rates by 25 bps. CAC-40 was trading at 4787 losing 0.33%, FTSE 100 was at 6953 down 0.21% and DAX at 11265.87 down 0.17%. All key three indices were trading in red.

The BSE Sensex ended with a loss of 95 points at 26697. The benchmark indices opened at 26707.91, touched an intra-day high of 26736.34 and low of 26547.05.

The NSE Nifty was down 39 points and closed at 8,182. It opened at 8,229.35 points, hitting a high of 8,229.40 and low of 8,165.10.

The India VIX (Volatility) index was up 4.2% at 16.5. The BSE Midcap closed at 12241.1 and Smallcap indices closed at 12118.3, both closing marginally close to 1%.

Out of 1508 stocks traded on the NSE, 1048 declined and 391 advanced today.

A total of 17 stocks registered a fresh 52-week high in trade today, whereas 14 stocks touched a new 52-week low on the NSE.

At the close of day, Axis Bank, HCL, Reliance, Tata Power, Infosys, Asian Paints, M&M were the top gainers while Coal India, Bosch, Aurobindo Pharma, Eicher Motors, ACC, ONGC, Tech Mahindra were among the losers on NSE.

The Indian Rupee was trading at 67.53 per dollar. Gold was trading at Rs 27,611 per 10 gms and silver was trading at Rs 41,553 per kg.