Monday , December 5 2016
Home / Business / Financials / Sensex edges lower 38 points on global cues, weak rupee

Sensex edges lower 38 points on global cues, weak rupee

Sensex-BSE

The Sensex inched lower by about 38 points in early trade Tuesday on sustained selling by funds and retail investors, tracking losses in global markets amid fears of a possible hike in US interest rates.

Besides, a further depreciation in the rupee, which fell 18 paise to over 2-1/2 month low of 67.67 against the dollar, weighed on sentiment.

The pain continued for the fifth straight session as the 30-share index fell 37.94 points, or 0.15 per cent, to 25,192.42, with sectoral indices led by consumer durables, healthcare, oil and gas, IT, capital goods and banking trading in the negative zone with losses up to 0.50 per cent.
PTI

Read Also

sulagna

Revealed: Just before note ban, BJP bought land in Bengal as well

8