National Stock Exchange Of India

Sensex closes below 16,000, rupee breaches 56 against dollar

The rupee continued to hit new lows dragging the Sensex and Nifty down. The rupee is now close to hitting the 56 mark against the US dollar.

Nifty enters do-nothing zone; Bajaj Auto is a short-sell

Both the Nifty and the Bank Index are in a zone from where they can head decisively down or up. So wait for the indices to tell us where they are headed