Sensex opens over 100 points lower, Nifty below 10,650
Follow UsStory highlights
The NSE Nifty reclaimed the 10,650-mark after initial losses and traded 1.95 points or 0.02% higher at 10,658.15 points.
The benchmark BSE Sensex fell over 100 points in early session Wednesday as selloff continues in global markets.
The BSE Sensex opened over 100 points lower today tracking weak global cues. Most IT stocks like Infosys, TCS and Wipro traded with losses of up to 3%.
The NSE Nifty reclaimed the 10,650-mark after initial losses and traded 1.95 points or 0.02% higher at 10,658.15 points.
Yesterday, breaking its three-day rising streak, the BSE Sensex Tuesday fell over 300 points on heavy selling by market participants, in step with a global selloff despite strengthening rupee and easing crude prices.Besides, profit-booking in recent gainers too fuelled the downward trend.The 30-share Sensex, after starting off lower at 35,730.77, continued to slide as selling pressure picked up momentum and hit a low of 35,416.18, before settling 300.37 points, or 0.84 per cent, down at 35,474.51.