Stock market today LIVE updates: The Indian stock market opened in the red on Tuesday, December 16, amid across-the-board selling. Persistent foreign investor selloff and lack of updates on the India-US trade deal are weighing on sentiment.
The Nifty 50 slipped 0.29% to 25,951.5, while the BSE Sensex declined 0.22% to 85,025.61 as of 9:15 am.
All 16 major sectoral indices opened in the red, though losses remained modest. Small-cap and mid-cap stocks underperformed slightly, falling 0.2% and 0.1%, respectively.
The benchmarks have been range-bound over the past two weeks after scaling record highs on December 1, as markets grapple with a lack of fresh catalysts.
Meanwhile, the Indian rupee plunged to a fresh record low in early morning trade to 90.82 against the US dollar.
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