European markets grow poorly signal and tumbling 1.5 percent and Rupees weaknesses. Weakness of the rupee against the U.S. dollar is increasing. Rupee has dropped to 63.93 after opening at 63. Rupee closed at 62.51 on Friday.
At 1:05 pm, the Sensex fell 302 points 19 426 and Nifty down 88 points at 5745 levels. Mid-cap stocks have fallen 1.2 per cent. Small-cap stocks have weakened 0.7 percent.
Capital Goods, PSU, metal, power, realty, banking, auto stocks are broken 3-2 per cent. Oil & Gas, FMCG, consumer durables stocks is 1.5 to 1 per cent.
Nifty, Tata Steel, BHEL, NMDC, Jaiprakash Associates, Coal India, ONGC, ICICI Bank, Hero Honda Motors, Punjab National Bank, IndusInd Bank, M & M, L & T, DLF, Bharti Airtel has breakaway 6-3 percent.
HCL Tech giants, Lupin, HUL, Wipro, Infosys has climbed from 1.75 to 0.75 per cent. BPCL, ACC, Bajaj Auto, Sun Pharma, Cairn India also have an edge. In midcap space Union Bank, Reliance Power, Reliance Capital, Crompton Greaves, IFCI, HDIL, Unitech, GMR Infra, Reliance Communications has broken 5-4 percent.
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