Closing bell: Sensex falls 146 points, Nifty ends below 11000, metal, auto stocks drag

BSE Sensex and NSE’s Nifty 50 traded lower on Wednesday. Photo: AP

  • Mumbai: Indian benchmark indices BSE Sensex and NSE’s Nifty 50 declined on Wednesday after Parliament speaker admits noconfidence motion against the Modi government. The Indian rupee on Wednesday weakened against the US dollar, tracking losses in Asian currencies after US Federal Reserve chairman Jerome Powell’s positive assessment of the US economy boosted the dollar. Shares in Europe advanced after a mixed session in Asia. Foreign investors sold shares worth a net of Rs 673.99 crore on Tuesday, while local investors bought shares worth a net Rs 840.06 crore, provisional data showed. Here are the highlights from the markets:

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