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Share market updates: Sensex falls 200 points, Nifty open lower at 10,850;Eicher Motors down 5%

Share market LIVE: The benchmark equity indices – Sensex and Nifty – opened on a lower note Wednesday even as the domestic markets rallied yesterday. The S&P BSE Sensex Index declined 0.6% intraday to 36,035.78 and the NSE Nifty 50 Index fell 0.38 percent to trade near 10,850. IT stocks — Tech Mahindra (1.13%) and Wipro (1.09%) — are the major gainers today. Eicher Motors leads the index losers list with a loss of 5.63%.



Coal India, TATA Motors, Jet Airways, NMDC, LIC Housing Finance, Power Grid, and Glenmark Pharma are among the major stocks that will remain in focus throughout the day.

Bharti Airtel share price ended the session 2.7% higher to 312.55, while HDFC share price gained by more than 1.9% to Rs 2,008. Yes, Bank share price zoomed more than 2% to hit the day’s high at Rs 185.90.

Eicher Motors Worst Performer On Nifty After December Sales Fall 13%. Shares of Eicher Motors fell as much as 5.8 per cent, the most in over two months, to Rs 21,860. The company’s motorcycle segment—Royal Enfield reported a 13 per cent slump in sales on a yearly basis to 58,278 units in December, according to its stock exchange filing.

Rupee falls against US dollar
The Indian rupee weakened against the US dollar as dealers are concerned about slowing global growth and foreign fund outflows from Indian debt and stock markets. At 9.10am, the rupee was trading at 69.59 dollars, down 0.23% from its previous close of 69.44. The currency opened at 69.63 a dollar, touching a high 69.55 and a low 69.64. The 10-year bond yield stood at 7.397%, from its Tuesday’s close of 7.418%.


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