Prime Time Zone, Webdesk: Domestic equity markets registered losses for the second day in a row. In addition to the negative signals from international markets, market analysts attributed the decline to selling pressure in Ati, Finance and Banking sectors. Experts said the markets were trading at a loss as investors rallied in Asian markets in addition to the sell-off in key sectors, as well as investors preparing to take profits in the wake of the recent huge gains.
The Sensex fell by 400.34 points to close at 51,703. The Nifty lost 104.55 points and closed at 15,208. Pharma was up over 2 per cent in the Nifty, while finance, IT, private banking, FMCG and realty were down. In the Sensex, SBI, Powergrid, NTPC and Reliance gained, while Nestle India, Bajaj Finserv, Asian Paint, HDFC Bank, IndusInd Bank, Maruti Suzuki, Dr Reddy’s and HDFC were the biggest losers. Rupee exchange rate against US dollar Is at 72.72.
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