The US stock market came under pressure, with traders on high alert before a $44 billion sale of seven-year notes that follows two weak auctions on Tuesday, Bloomberg said. The S&P 500 Index and Nasdaq 100 fell 0.59% and 0.
39%, respectively, as of 10:31 a.m. New York time.
The Dow Jones Industrial Average fell by 0.82%. Brent crude was trading 0.
18% lower at $84.07 a barrel. Gold rose 0.
71% to $2,344.55 an ounce. The benchmark equity indices recorded their biggest fall in 14 sessions on Wednesday as they continued to decline for the fourth consecutive session.
The NSE Nifty 50 closed 183.45 points or 0.8%, lower at 22,704.
70, while the S&P BSE Sensex ended 667.55 points or 0.89%, lower at 74,502.
90. Overseas investors turned net sellers on Wednesday after a day of buying. Foreign portfolio investors sold stocks worth Rs 5,841.
84 crore and domestic institutional investors stayed net buyers for seven straight sessions and mopped up equities worth Rs 5,233.79 crore, according to provisional data from the National Stock Exchange. The Indian currency closed 17 paise lower against the U.
S. dollar at 83.35.
Ace Software Exports, Authum Investment & Infrastructure, Apollo Hospitals Enterprises, Bharat Dynamics, Mrs. Bectors Food Specialities, Bengal & Assam Company, BF Utilities, Century Extrusions, Dynacons Systems & Solutions, Eastern Logica Infoway, Elpro International, Emami Realty, Godfrey Phillips India, Hinduja Global Solutions, Kellton Tech Solutions, La Opala Rg, Marksans Ph.