Sensex, Nifty trade lower after Fitch cuts FY18 India growth forecast

Sensex Down

Equity benchmarks remained under pressure in morning after the Fitch Ratings lowered India’s economic growth forecast for FY18. Investors also maintained their cautious stance ahead RBI policy meet and mid-term review of foreign trade policy.

The 30-share BSE Sensex was down 107.30 points at 32,762.42 and the 50-share NSE Nifty declined 31.70 points to 10,096.10.

About two shares declined for every share rising on the BSE.

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Epic Research
Epic Research - Investment Adviser is a leading financial services provider with presence in Indian and other global capital markets. Call on - 0731-664-2300