The Sensex is down 144.74 points at 27174.82 and the Nifty slips 47.00 points at 8172.60. About 189 shares have advanced, 390 shares declined, and 36 shares are unchanged.
ONGC, GAIL, BHEL, Hindalco and ICICI Bank are laggards in the the Sensex. Among the top gainers in the Sensex are Infosys, Coal India, HDFC and Cipla.
The Indian rupee continues its decline as it breached 63 per dollar for the first time since January 28. It has opened lower by 31 paise at 63.25 per dollar against the previous day's close of 62.94 a dollar.
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