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Markets open in red: Sensex down 160 points
Markets open in red: Sensex down 160 points

Mumbai, June 12 (TIWN) The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a negative note during the morning session of the trade.

Minutes into trading, it was quoting at 40,155.50, down by 112.12 points, or 0.28 per cent.

At the National Stock Exchange (NSE), the broader Nifty 50, which had closed at 12,088.55 on Monday, was quoting at 12,054.65, down by 33.90 points or 0.28 percent.

As many as 17 stocks advanced in the Nifty 50 index while 33 stocks declined. In the BSE Sensex, 15 stocks including Tata Steel, ITC were trading in green while 15 stocks, including TCS, HDFC were trading in red at 9.20 a.m.

The key Indian equity indices surged to fresh benchmarks on Monday and eventually settled at record closing levels on the back of expectations of a rate cut in the upcoming Reserve Bank of India monetary policy on June 5-6.

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