GLOBAL MARKETS ROUNDUP
The S&P BSE Sensex plunged over 400 points in morning trade on Wednesday to touch its fresh 52-week low of 24,101.50, led by losses in ICICI BankBSE -2.86 %, HDFC Bank, RIL, L&T, HDFC and M&M. The Nifty50 slipped over 100 points to touch its fresh 52-week low of 7309, weighed down by losses in realty, power, oil & gas, metal, capital goods, and banking.
MARKET OPENING BUZZ-
• OPENING BUZZ
• NIFTY FUTURE DOWN 82.10 @ 7358.00
• BANKNIFTY FUTURE DOWN 233.05@15060
• SENSEX DOWN 352.25 @24127.19
• INR 67.88
Indian ADRs News
• Indian ADRs ended higher on Tuesday.
• In the IT space, Infosys rose 0.16 percent at USD 17.48.
• Wipro was up 0.01 percent at USD 11.06.
• In the banking space, ICICI Bank gained 0.13 percent at USD 6.61.
• HDFC Bank added 0.36 percent at USD 56.60.
• In the other sectors, Tata Motors added 0.77 percent at USD 25.61.
• Dr Reddy’s Laboratories shed 0.22 percent at USD 42.64.
The market slips away in early trade. The Sensex is down 349.51 points or 1.4 percent at 24130.33 and the Nifty is down 98.65 points or 1.3 percent at 7336.45. About 126 shares have advanced, 870 shares declined, and 41 shares are unchanged.
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