Sensex, Nifty reverse gains as rupee sinks by 26 paise

Sensex Nifty trading higher on global cues Dixon Technologies lists at 60% premium to issue price

"Ashok Leyland, Asian Granito, Bombay Dyeing, Centrum Capital, Hexaware Tech, IGL, Meghmani Organics, Punj Lloyd, Trident and Yes Bank, among others, were among those stocks", Desai told IANS.

The 30-scrip Sensitive Index (Sensex) of the BSE closed at 32,370.04 points - down 30.47 points, or 0.09 per cent, from its previous close.

This pattern could be encouraging signal for bulls to make a comeback again in the next few sessions, he feels.

Marking its weakest level in over two-and-a-half months, the rupee today plummeted by a whopping 54 paise to end at 64.81 a dollar after the Federal Reserve left the door open for a rate hike in December.

During the day, the rupee weakened by 54-55 paise to 64.81 against the United States dollar from its previous close at 64.26-27.

Barring short spells of positivity, the market today traded with a distinct weakness for the third day, ending with a marginal loss after the US Fed said it will wind down the stimulus signalling a rate hike this year. Germany's DAX and France's CAC were up around 0.4 percent at the time of writing this article.

The Cleveland Browns Have Released Former Pro Bowl Cornerback Joe Haden
Myles Garett could have a major impact in the pass rush, and Jabril Peppers is an impact player on defense and in the return game. Garrett sustained a lateral sprain to his left foot during minicamp while pressuring former Browns quarterback Brock Osweiler.

The wider Nifty50 of the National Stock Exchange (NSE) fell by 6.40 points or 0.06 per cent to close at 10,141.15 points.

The Nifty FMCG index dropped as much as 1.1 percent, with ITC Ltd declining up to 1.3 percent after two consecutive sessions of gains. The Telangana plant's audit has been concluded by the FDA with zero observations.

Separately, Dr Reddy's Laboratories said that it has received an Establishment Inspection Report from the U.S. drug regulator, for its Formulation Srikakulam Plant (SEZ) Unit II, Andhra Pradesh.

Foreign portfolio investors (FPIs) remained passive as they sold shares worth a net Rs 1,719.62 crore.

According to market observers, an upsurge in pharma heavyweights like Dr. Reddy's Lab, Lupin, Cipla and Sun Pharma, along with pumping in of funds by domestic institutional investors (DIIs), however, aided to trim some losses.

Losers involved Bharti Airtel (Rs 394 per piece), Coal India (Rs 254.95 per piece), ICICI Bank (Rs 289.40 per piece), Power Grid (Rs 211.95 per piece), ONGC (Rs 166.90 per piece) and HDFC Bank (Rs 1846 per piece) trading negative in the range of 0.10% - 0.70%.

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