Markets have dropped again. The Sensex is now down 213 points at 16,567. The Nifty is down 75 points at 4,933.
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(Updated at 0921 hrs)
Following weak cues from US markets, the Sensex dropped in red in opening trades. The Sensex after touching a low of 16,591, is now at 16,629 - down 152 points.
The Nifty is down 50 points at 4,956.
US markets ended flat on Wednesday ahead of a US Federal Reserve policy decision
Asian markets are mostly in green. The Hang Seng has added 42 points to 20,151. The Nikkei has advanced 30 points to 10,356.
All major indices are in red. The bankex has dropped 1.6% to 9,541. The BSE realty, IT, metal and auto indices have slipped around 1% each.
Banking shares have dropped in opening trades. ICICI Bank and SBI have declined 2.4% each to Rs 811 and Rs 2,045, respectively.
Metal stocks are also weak. Hindalco has shed 1.3% at Rs 157. Sterlite and Tata Steel have slipped 1% each to Rs 793 and Rs 605, respectively.
DLF has dropped 1.3% to Rs 340. Sun Pharma, Wipro, Tata Motors, HDFC Bank, Hindustan Unilever have also dipped in red.
ONGC, TCS, Grasim, Mahindra & Mahindra are the other losers in the market today.
