The BSE benchmark Sensex was trading 90 points in possitive territory to 16,758 a short while ago. The Sensex fell over 114 points in early trade today on continued selling by foreign funds ahead of industrial output data amid weakening trend in global markets.The 30-share barometer, which had lost 50.86 points in yesterday's trade, fell further by 114.54 points to 16,553.47 in early trade. In a similar fashion, the wide-based National Stock Exchange Nifty index was trading 25 points in green to 5,078.The rupee fell further by 17 paise to 55.91 rupees against the US dollar on persistent demand for the American currency from banks as it firmed against other currencies as well amid weak equity markets. The rupee resumed lower by 11 paise at 55.80 rupees per dollar as against the last closing level of 55.74 at the Interbank Foreign Exchange (Forex) Market.
News On AIR | June 12, 2012 1:51 PM
Sensex in green in noon trade; Rupee depreciates 17p to 55.91 against dollar.