Share Market News Today, October 10: The benchmark equity indices on the BSE and National Stock Exchange (NSE) opened over 1 per cent lower on Monday tracking weakness in the Asian market which fell after a surprise drop in US unemployment quashed any thought of a pivot on policy tightening ahead of a reading on inflation which is expected to see core prices move higher again.
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At 9:15 am, the S&P BSE Sensex declined 651.35 points (1.12 per cent) to 57,539.94 and the Nifty 50 was trading at 17,132.75, down 181.90 points (1.05 per cent). Both the indices skid further within minutes of opening and were trading around 1.2 per cent lower with Sensex trading over 700 points lower and the Nifty dipping over 200 points.
All the Sensex constituents were trading in the red during the early deals. IndusInd Bank, Asian Paints, HUL, HDFC, HDFC Bank, Wipro, Sun Pharma, Bajaj Finserv and Kotak Mahindra Bank were among the top losers that were down around 1.5-2.1 per cent.
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