Indian equity benchmarks ended in red on Wednesday, 15 January, as the BSE Sensex closed 0.19 percent down at 41,872.73, while the NSE Nifty closed 0.18 percent down at 12,340.35.
The broader markets represented by the NSE Nifty 500 Index rose 0.11 percent.
Earlier during the day, equity markets had opened with losses as both Sensex and Nifty lost close to half a percent in early trade.
The 30-share BSE index had lost more than 150 points after opening at 41,969.86. The broader 50-share NSE index, on the other hand, had lost more than 50 points in the initial 30 minutes of trading and was testing the 12,300-levels.
Meanwhile, the rupee had depreciated 8 paise to 70.96 against the US dollar in the morning session.
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