GLOBAL MARKETS ROUNDUP
Asian shares got off on the back foot on Monday after an uninspiring session on Wall Street, while the dollar gave back a little of its recent solid gains in early trading.
The S&P BSE Sensex plunged as much as 172 points in trade on Monday and is now trading below its crucial psychological level of 27000. The fall in the index was led by losses in InfosysBSE -1.71 %, Sun PharmaBSE -0.97 %, HULBSE -1.29 %, RIL and Dr Reddy's Laboratories
LOCAL MARKETS PREVIOUS CLOSE
• BSE index 27,090.42 (down 0.08 pct)
• NSE index 8,121.45 (up 0.08 pct)
• Rupee 60.81/82 per dlr (60.83/84)
• 10-year bond yield 8.45 pct (8.45 pct)
• 5-year OIS rate 7.87 pct (7.86 pct)
• 1-year OIS rate 8.42 pct (8.41 pct)
• Call money 7.70/7.75 pct (7.95/8.00 pct)
BUSSINES
Alibaba IPO that began trading on the New York Stock Exchange (NYSE) on Friday saw a stellar opening . The stock opened trade at USD 92.70 per share and rallied upto 38 percent in a single day.
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