The BSE Sensex on Monday, August 14, opened lower by 376.13 points or 0.58 per cent to 64,953.75, owing to pessimism across the Asian indices. The NSE Nifty also declined 124.85 points or 0.64 per cent to 19,303.45 in the opening trade. The rupee fell 25 paise to 83.07 against US dollar in early trade.
All 30 Sensex companies were in the red. Top-5 losers included Tata Motors, Bajaj Finance, SBI, JSW Steel, and Bajaj Finserv declining up to 2.29 per cent.
Prashanth Tapse, senior vice-president (research) of Mehta Equities, said, “Technically speaking, bears are in total control with immediate downside risk at 19,268 mark (NSE), while Nifty could see upward momentum only above the 19,757 mark.”
