Sensex Closes Down 453 Points, Nifty Sheds 1.3 Percent

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Sensex falls 453 points, or 1.35%, to close at 33,149 points while the NSE Nifty falls 135 points, 1.30%, to close at 10,227 points. 

Only four Sensex stocks (Bajaj Auto, L&T, NTPC and Dr Reddy's) ended in positive. Among sectoral indices, the worst performers were Nifty PSU bank, Nifty financial services and Nifty bank. Only Nifty realty index was trading in positive in the early trade.

The top performers of Nifty were Bajaj Auto, India Bulls Finance, Hero Moto Corp, Dr Reddy's Laboratories, Infratel and Infosys while the worst performers were Tech Mahindra, Adani Ports, Indian Oil Corporation, Kotak Mahindra Bank, State Bank of India, ONGC and Cipla.

The India rupee also dropped sharply by 24 paise to 64.55 against the American currency in early trade  today ahead of the September quarter GDP data. Currency dealers said apart from increased month-end demand for the US currency from importers and a lower opening of the domestic equity markets, dollar's gains against other currencies overseas on upbeat US economic growth data weighed on the rupee.

(With Agency Inputs)

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