Trends on SGX Nifty indicate a negative opening for the broader index in India.
Market Opens: Benchmark indices started the day with 0.5 percent cut with Sensex slipped below 36,000 level, while Nifty is trading around 10,800 level.
Indiabulls Housing, Tata Motors DVR, Adani Power, Zee, Bharat Forge, Kesoram Industries and DHFL are trading lower, while Jet Airways, ONGC, Adani Ports are trading higher.
The Sensex is down 166.52 points at 35967.79, while Nifty is down 51.50 points at 10818. About 215 shares have advanced, 591 shares declined, and 41 shares are unchanged.
Rupee Opens: The Indian rupee slipped in the early trade on Wednesday. It opened lower by 15 paise at 70.64 per dollar against previous close of 70.49 per dollar.
Market at pre-opening: Benchmark indices are trading mixed in the pre-opening session with Nifty is below 10,850 level.
At 09:04 hrs IST, the Sensex is down 24.60 points or 0.07% at 36109.71, and the Nifty down 30.20 points or 0.28% at 10839.30.
Bajaj Auto, Kesoram Industries are trading higher, while Tata Motors is down 2 percent.
Crude Update: Oil prices fell 1 percent on Wednesday, weighed down by swelling US inventories and a plunge in global stock markets as China’s government warned of increasing economic headwinds.
SGX Nifty: Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 52 points or 0.48 percent. Nifty futures were trading around 10,860.50-level on the Singaporean Exchange.
Asian markets trade lower: Asian stocks fell on Wednesday, dragged by Wall Street's tumble as sharp declines in long-term US Treasury yields and resurgent trade concerns stoked investor worries about global economic growth.
