Market Live: Sensex sheds 240 points, Nifty below 9,900, ITC plunges 13% on higher cess

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BSE Sensex fell on weekday, whereas the dandy listed below 9,900 points. Here unit of measurement the foremost recent updates and developments from the markets.
Mumbai: The mad cow disease Sensex opens lower against the previous session’s closing. The broader NSE’s dandy, too, fell in gap trade. The Indian unit trades higher against the U.S. dollar. The shares of Bharti Airtel, Sun pharmaceutical company and NTPC rise, whereas the shares of ITC and Reliance Industries (RIL) fall.
■ 9.25am: BSE Sensex trades lower by 238 points, or 0.74%, to 31,837, whereas the bang-up fifty falls 51 points, or 0.52%, to 9,865.
■ 9.20am: ITC Ltd on weekday fell thirteen to Rs 282.65 once most of the brokerage downgraded the stock and additionally cut its target worth once government accumulated cess on cigarettes.
■ 9.15am: The rupee opened and touched a high of 64.32 a dollar. At 9.15am, the rupee was commerce at 64.32 a dollar, up 0.07% from its Monday’s shut of sixty four.36.
■ 9.10am: The 10-year bond yield was at 6.456%, compared to its previous shut of 6.464%. Bond yields and costs move in opposite directions.
■ 9.00am: Asian currencies were commerce higher. Japanese yen was up 0.42%, South Korean won 0.23%, China Offshore 0.13%, China renminbi 0.12%, Indonesian Indonesian unit 0.1%, Thai Thai unit 0.1%, greenback 0.1%, dollar 0.09%. However, Philippines peso was down 0.22%.

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