Nifty Below 10,600, Rupee Hits 13-Month Low; Wipro Gains Ahead Of Earnings

The market continued to trade mildly lower amid consolidation, following negative lead from global stocks.Banking & financials, oil, metals and infrastructure stocks are under pressure.

IT is the only major gainer among sectoral indices, rising over a percent ahead of Wipro earnings due later in the day and after sharp depreciation in the rupee

Bharti Airtel is up more than 4 percent after reporting profit in the March quarter against expectations of loss.

The 30-share BSE Sensex is down 84.76 points at 34,531.88 and the 50-share NSE Nifty declined 31 points to 10,583.40.

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