Sensex, Nifty Trade Lower; PSU Bank, Metal Stocks Lead

The BSE Sensex and NSE’s Nifty 50 fell on Wednesday mainly due to losses in auto and telecom stocks. Shares of auto companies such as Eicher Motors and Maruti Suzuki India declined after disappointing September vehicle sales data. The rupee weakened past the 73 mark against the US dollar for the first time today after crude oil prices surged near $85 barrel. Asian stocks traded mixed following a volatile US session as investors weighed continuing concerns in Indonesia and Italy and strength in commodity prices. Brent crude oil futures were at $84.86 per barrel. For more information please Visit : www.dollaradvisory.com and Call : +91 9111-179961