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Wednesday, July 03, 2013

Markets fall at start; Sensex dips over 200 points


The Indian markets start the session on a weak note on the back of negative global cues. Majority of the sectors are trading lower Global News: Asian stocks are trading lower as concerns about growth in China’s services sector added to the selling pressure amid caution ahead of US jobs data later in the week, dragging on Australian and Hong Kong equities in particular. Currency News: Indian Rupee opened weak against US dollar. The currency is trading at 59.98, down 0.5% from yesterday’s close of 59.66/US. Major S&P BSE Sensex Movers: Losers: RIL, HDFC Bank, ICICI Bank, HDFC, Bharti Airtel, SBI and L&T. Gainers: Infosys, TCS, Sun Pharma. At 9.38 am, the Sensex was trading at 19268, 196 points lower and the Nifty was trading at 5801, down by 56 points.