Nifty, Rupee bleed

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epicresearch
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Joined: Tue May 22, 2012 1:40 am

Nifty, Rupee bleed

Post by epicresearch » Wed May 30, 2012 12:40 am

The Sensex was down 61.87 points or 0.38% at 16376.71, and the Nifty lost 25.05 points or 0.50% at 4965.05. The breadth of the market was negative. About 1009 shares advanced, 1279 shares declined, and 1136 shares remain unchanged.

The rupee lost further ground on Wednesday, adding to losses in the previous session, with euro zone worries continuing to mount because of worries about Spain’s banking woes. The euro was trading at fresh 2-year low of 1.2467.

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