“A rise in the US 10-year bond yield and a strong dollar index influenced FIIs to flee emerging markets. A fall in liquidity in the banking system, a weak currency and a current premium valuation set the market outlook bearish for the near term,” Vinod Nair, Head of Research at Geojit Financial Services, said.
ITC Hotels to be removed from Sensex and BSE indices today
ITC Hotels share price: The newly demerged entity made its debut on the NSE and BSE at Rs 180 and Rs 188 per share, respectively,