Market Opens: Indian indices opened on negative note May 9 with Nifty below 16300 amid weak global cues.
The Sensex was down 612.05 points or 1.12% at 54223.53, and the Nifty was down 174.50 points or 1.06% at 16236.80. About 816 shares have advanced, 1434 shares declined, and 138 shares are unchanged.
FII and DII data
There was an intense selling pressure by foreign institutional investors (FIIs) on May 6 as they have net offloaded shares worth Rs 5,517.08 crore. However, domestic institutional investors (DIIs) remained net buyers, to the tune of Rs 3,014.85 crore worth of shares on same day, as per provisional data available on the NSE.
Rupee hits all-time low, trading beyond 77.20 per dollar as investors' sentiment remains gloomy