Nifty still maintains 11,650 in mild sales pressure.
Benchmark indices opened lower with the Sensex dropping 81,89 points to 39,133,75 and the Nifty50 dropping 21 points to 11,666,50 owing to poor Asian indications.
In the midst of renewed trade tensions between the US and China, Asian shares traded lower. China's Shanghai Composite, Hong Kong's Hang Seng, and South Korea's Kospi dropped by 0.3-0.7%, while Japan's Nikkei dropped by 1.7%.
The rupee appreciated marginally against the US dollar by 3 pairs to 68.78, driven by weakening the US dollar vis-à-vis other foreign currencies. Forex traders said other Asian colleagues have gained tracking from the local unit. In addition, the national unit was also backed by selling the American currency by exporters.
On the interbank forex market, the rupee opened strongly at 68.76, then gained further ground to reach 68.73 per dollar, showing profits of 9 paise over its last close.
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