The S&P BSE Sensex started on a cautious note on
Wednesday following muted trend seen in other Asian markets. The fall in the
index was led by losses in Dr Reddy's Laboratories, HDFC, Bharti Airtel, and
ICICI Bank.
The Nifty50 slipped broke below its crucial psychological
support level of 7,700, weighed down by losses in consumer durable, realty,
power, and telecom stocks.
Shares of Dr Reddy's slipped over 4 percent in early
trade after the company submitted its reply to the US drug regulator. Amtek
Auto continued its rally from Tuesday gaining 3 per cent. BHEL gained 2 per
cent, to become the top gainer on BSE Sensex.
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