The market remains volatile with tremendous strength seen in metals. The Sensex is down 116.31 points at 27773.82 and the Nifty is down 21.35 points at 8408.35. About 1331 shares have advanced, 1102 shares declined, and 161 shares are unchanged.
The Indian rupee on Thursday weakened against the dollar, tracking losses in Asian currencies. The local currency is at 63.23 per dollar. Ananth Narayan, Head, Financial Markets, Standard Chartered Bank, says the rupee did not keep pace with dollar strengthening against major currencies.
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