The stock market is rapidly sliding without end. The Sensex is down 215.84 points or 0.8 percent at 26003.07, and the Nifty falls 63.20 points or 0.8 percent at 7918.70. Around 434 shares have progressed, 685 shares declined, and 43 shares are unaltered.
Hindalco, SBI, Tata Steel, ICICI Bank and HDFC are major losers in the Sensex. Tata Motors and Maruti are gainers.
The Indian rupee slipped in early trade. It has opened lower by 19 paise at 65.86 per dollar versus Friday's end estimation of 65.67. The money on Friday increased in value by 79 paise to close at one-month high of 65.67 a dollar.
MCX SILVERM November contract was trading at Rs 36080 down Rs 16, or 0.04 percent. The SILVERM rate touched an intraday high of Rs 36111 and an intraday low of Rs 35973. So far 2167 contracts have been traded. SILVERM prices have moved down Rs 6980, or 16.21 percent in the November arrangement in this way.
Gold plunged marginally on Monday following a three-day rally, however the metal still held close its most astounding in almost three weeks, as the Federal Reserve's turn a week ago to abandon US interest rates unaltered weighed on worldwide values.
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