Sensex falls 173 points to 20,946 on profit-taking, Ukraine crisis. Nifty ends at 6,221, down 55 points.
Besides, a weakening trend in the Asian region also weighed on the trading sentiments here.
Snapping its five-day long winning streak, the 30-share barometer fell by 173 points to end at 20,946.65.
Sensex falls 194 points to 20,925 (provisional close) on profit-taking and Ukraine concerns
Rupee falls below 62 on broad dollar gains amid Ukraine crisis. Market analyst Sarvendra Srivastava attributed today’s weakness in Nifty to the Ukraine crisis. As long as the Nifty holds, 6170 the uptrend remain intact, he said.
Sensex down 176 points at 20,943 while Nifty is off 57 points at 6,219.
Indian markets under strong selling pressure in late trade. Sensex down 170 points at 20,950 while Nifty off 56 points at 6,220.
Rupee weakens 61.97 per dollar as compared to 61.75. Traders say the rupee levels needs to be watched closely in the wake of Ukraine standoff.
NSE’s volatility index, or the domestic equivalent of the VIX fear gauge, advanced 10.4 per cent and headed for its biggest single day rise since January 27 as rising tensions in Ukraine cast a shadow over emerging markets.
Sensex trades weak as Ukraine tensions roil global markets. Sensex down 175 points at 20,945 while Nifty trades at 6,219.85.
Legendary investor Jim Rogers said the Ukraine-Russia standoff is likely to temporarily affect equity markets in emerging countries. He also sees commodity prices inching up but does not expect the crisis to last long.