The key Indian equity indices — Sensex and Nifty — opened in the negative territory on Monday tracking weak Asian markets. The Sensex of the BSE plunged over 300 points to hit an intra-day low of 37,784.50 points in opening trade. The Nifty of the National Stock Exchange, too, fell 97 points to a low of 11,417.70 points.

Shares of Axis Bank, Tata Motors, SBI, IndusInd Bank, Yes Bank, Tata Steel Hero MotoCorp, HDFC, HDFC Bank and Asian Paints were amongst the top laggards on the BSE Sensex index.

Mumbai: The market extended its decline for second straight week with BSE Sensex lossing another 299.18 points to close 38,090.64 and the broader Nifty falling 73.90 points to finish at 11,515.20.

The truncated and volatile week saw the stock market enduring initial bitter losses as rupee stabilized during late session after initial record lows.

The BSE benchmark Sensex reclaimed the 38,000-mark by surging over 300 points in opening trade Friday on heavy buying by domestic institutional investors as the industrial production grew at 6.6 per cent in July and retail inflation cooled to a 10-month low.

The 30-share barometer pushed higher by 318.85 points, or 0.85 per cent, to 38,036.81. The gauge had risen 304.83 points in the previous session on Wednesday.

Shares of pharmaceutical companies were in focus with the Nifty Pharma index rising over 2 per cent to 10,623.60 levels in the intra-day deals after Sun Pharmaceutical Industries (Sun Pharma) and Lupin USFDA approval for their respective medicines.

Sun Pharma rose over 3 per cent to an intra-day high of Rs 670.90 on the National Stock Exchange (NSE) after the drug maker announced USFDA approval of XELPROS to treat open-angle Glaucoma or Ocular Hypertension.

The BSE benchmark Sensex on Tuesday rose 95 points, but soon turned choppy on weak global cues amid lingering global trade war concerns.

The 30-share index opened higher by 95.32 points, or 0.25 per cent, at 38,017.49. It, however, turned choppy and was trading 8 paise, or 0.02 per cent, higher at 37,930.97 at 0930hrs.

The BSE Sensex plunged over 400 points in afternoon session Monday after the rupee breached 72.50 mark against the US dollar for the first time ever amid weak Asian cues.

While, rupee continued its free fall hitting a new low of 72.67 due to a strengthening dollar and widening trade deficit.

Markets remained in better form for the second straight session on Friday, with the Sensex closing over 147 points higher as auto shares zoomed on sustained buying by domestic institutional investors amid the rupee staging a recovery.

The rupee was trading higher by 29 paise at 71.70 (intra-day) against the dollar at the forex market. The domestic unit had hit a fresh life-time low of 72.11 before settling at 71.99 Thursday.

Mumbai: The BSE benchmark Sensex drifted lower by nearly 166 points and the NSE Nifty slipped below the 11,500-level in the opening session on Friday due to intense selling mainly in banking, power and healthcare shares amid weak Asian cues.

The BSE 30-share barometer dropped by 165.72 points, or 0.43 per cent, to 38,077.09 in opening trade as index major Sun Pharma, Yes Bank, SBI, ICICI Bank, NTPC, ONGC and Maruti Suzuki declined.

Mumbai: The BSE Sensex rebounded over 150 points in opening trade on Thursday on value-buying in select bluechip stocks, recovery in rupee and fall in global crude oil prices, but pared some gains on mixed Asian trend.

The 30-share BSE index recovered by 164.46 points, or 0.43 per cent, to 38,182.77 in opening trade. It, however, lost some steam and was trading 48.46 points, or 0.13 per cent, higher at 38,066.87 at 0940 hrs.

Falling for the sixth straight session, the BSE Sensex shed about 140 points on Wednesday to close at an over two-week low of 38,018.31 as investor sentiment remained bearish amid a plunging rupee and weak global cues.

The rupee crashed to a fresh record low of 71.96 against the US dollar in intra-day trade on the back of rising bond yields and crisis in emerging market currencies.

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