Sensex Drops over 100 Points to Trade at 71.27 as Moody’s Cuts India Outlook

Sensex Drops over 100 Points to Trade at 71.27 as Moody’s Cuts India Outlook

BSE Sensex dropped over 100 points and the NSE nifty went below the 12000 mark on friday as the Moodys investors service lowered Indias credit rating.

The rupee value also decreased by 30 paise against the dollar to trade at 71.27 in early session.

Sun Pharma, HUL, Bharti Airtel, NTPC, PowerGrid and RIL, are the top losers in sensex pack shedding up to 1.69 per cent.

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