Mumbai: A benchmark index for Indian equities markets was trading 1.05 percent down Friday afternoon, depreciating rupee and week global cues triggering the fall.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) was ruling at 16,854.14 points – 178.42 points or 1.05 percent down from its previous close at 17,032.56 points – around 12.30 p.m.
The Sensex touched a high of 16,984.10 points and low of 16,826.77 points in the intra-day trade.
The rupee slumped to a fresh record low of 57.33 against dollar.
The metal index was down by 216.79 points, the capital goods index by 144.88 points and the power index by 25.33 points.
The wider 50-scrip S&P CNX Nifty of the National Stock Exchange (NSE) too was trading 1.20 percent lower at 5,103.15 points.
Major Sensex losers included Hindalco Inds, down 3.26 percent at Rs.117.35; Tata Steel, down 2.86 percent at Rs.417.95; Tata Power, down 2.12 percent at Rs.92.30; Sterlite Inds, down 1.86 percent at Rs.97.50; and Jindal Steel, down 1.83 percent at Rs.431.10.
The only five Sensex gainers were Maruti Suzuki, up 1.24 percent at Rs.1,104; Cipla, up 1.23 percent at Rs.313.60; Bajaj Auto, up 0.56 percent at Rs.1,546; TCS, up 0.26 percent at Rs.1,228; and Hero MotoCorp, up 0.23 percent at Rs.2,078.35.
In the Asian region, Hong Kong’s Hang Seng index fell by 1.43 percent and Japan’s Nikkei slipped by 0.29 percent in early trade.