Markets LIVE: Sensex, Nifty trade lower; Auto, telecom stocks fall

The BSE Sensex and NSE’s Nifty 50 fell on Wednesday following losses in global markets. The rupee weakened past the 73 mark against the US dollar for the first time today after crude oil prices surged near $85 barrel. Asian stocks traded mixed following a volatile US session as investors weighed continuing concerns in Indonesia and Italy and strength in commodity prices. Brent crude oil futures were at $84.86 per barrel. Meanwhile, FIIs sold shares worth Rs 1,841.63 crore on nets basis on Monday, while DIIs purchased equities to the tune of Rs 1,804.94 crore, provisional data showed. Source-  https://www.livemint.com/