After opening slightly higher than its previous close, the 30-share index slipped into the red to trade 12.46 points, or 0.03 per cent, lower at 37,628.81 at 0930 hours, while the broader Nifty fell 7.30 points, or 0.06 per cent, to 11,098.05 in early trade.
Increased demand for the US currency from importers and banks amid fresh foreign fund outflows mainly hit the rupee sentiment, forex traders said.
A day after Finance Minister Arun Jaitley presented the Union Budget 2018-19, equity markets tumbled and provisionally closed deep in the red on Friday.
Mumbai, Aug 5: The stock market today plunged deep into red on worries over a possible recession in the US with the benchmark Sensex crashing by over 700 points to slip below 17,000 level.The 30-share
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