Wednesday, 8 January 2020

Market Benchmarks Are In The Red, Tracking Weak Global Cues

Market benchmarks are in the red, tracking weak global cues. Most Asian markets felt the heat of rising tensions between the US and Iran after Iran fired rockets at an Iraqi airbase that hosts US military forces, stoking fears of further sharp escalations in a developing conflict.

The BSE Sensex was 97 points, or 0.24 percent, down at 40,772. Nifty50 was 42 points, or 0.35 percent, down at 12,011 at that time. 

The Indian rupee is trading lower by 17 paise at 72 per dollar versus previous close 71.83.

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