News > Indices off day's lows, Sensex still down around 700 points

Indices off day's lows, Sensex still down around 700 points

The Indian Rupee hits a fresh low against the USD in the early morning trade today. Experts had expected the Indian currency to open near a record low of 77.80 and expected it to trade in a range of 77.60 to 78.00 with a weakening bias.

Asian markets are trading on a negative note as Chinese inflation data for May came in largely in line with expectations. Investors also looked ahead to US CPI data which is going to be released today.