Equity indices trade low, Sensex down by 876 points

Mumbai (Maharashtra) [India], January 6 (ANI): Benchmark indices opened in red on Thursday amid weak global cues.

At 9.15 am, BSE Sensex was down by 491.40 points or 0.82 per cent, while NSE Nifty was down by 156.80 or 0.87 per cent.

At 10:42 am, Sensex was trading 876.63 points lower at 59,346.52, whereas Nifty was trading 254.75 points lower at 17,670.50.

The negative trading in stock markets after the US Fed Reserve has signalled raise interest rates, prompting investors to withdraw money from emerging markets. (ANI)