Indian equity benchmarks declined after the rupee breached 73 per dollar mark for the first time.
The S&P BSE Sensex fell 0.5 percent or 198 points to 36,628 and the NSE Nifty 50 Index declined 0.6 percent or 71 points to 10,937.
Live: Nifty Opens Below 10,950, Rupee Breaches 73/$ For First Time
Seventeen of 19 sector gauges compiled by BSE were trading lower led by the S&P BSE telecom Index’s 1.8 percent drop. On the other hand, the S&P BSE Healthcare Index was top gainer, up 0.4 percent.
Mid- and small-cap shares were also facing selling pressure as the S&P BSE MidCap Index fell 0.2 percent and the S&P BSE SmallCap Index declined 0.4 percent.
