The BSE Sensex and NSE Nifty were trading marginally lower due to weak global cues and sharp fall in rupee. Private oil & gas producer Reliance Industries and top software services exporter TCS tanked 3% each. The BSE benchmark fell 69.61 points to 16,827.02 and the NSE benchmark dropped 18.50 points to 5,102.05. The Indian rupee hit new all-time low on the back of strong demand for dollars from corporates. It depreciated by 37 paise to 56.52 as against the US dollar.

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