Sensex Extends Losses, Rupee Slips 50 Paise; BHEL Up 9% On Q4 Nos

The market is mildly under pressure amid consolidation, as the rupee is moving towards 68 against the US dollar again. Banking stocks are under pressure, with the Nifty Bank index falling 200 points. Mahindra & Mahindra gained over a percent after March quarter earnings beat analyst expectations. The rupee extended fall in afternoon, depreciating 50 paise to 67.94 against the US dollar on fresh demand for the greenback from importers and banks. The Sensex declined 122.94 points to 35,042.54 and the Nifty fell 33.10 points to 10,655.60. For Any More Information Please Visit : www.paceresearchindia.com and Call : 8817774774