Sensex, Nifty Open Lower On Global Selloff; Midcaps, Pharma Stocks Fall

The Sensex was down 133.62 points at 30525.15, while the Nifty fell 48.15 points at 9477.60. The market breadth was negative as 193 shares advanced against a decline of 734 shares, while 37 shares were unchanged.

Hero MotoCorp, Dr Reddy’s, Hindalco and Adani Ports were the top losers on both indices, while Wipro, TCS and HDFC gained the most.

All major indices on the Nifty—midcaps, IT, pharma, auto and energy, others—were trading lower, driving the consolidation.

The Indian rupee opened lower by 19 at 64.34 per dollar on Thursday versus previous close 64.15.

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