Sensex ends down 340 points - Nirmal Bang

Sensex ended down 340 points to close below 18,000 level, while the Nifty closed above psychological mark of 5,300 as the rupee continued to remain under pressure ahead of the US FOMC minutes on bond buying programme.

Deutsche Bank said in a research note that the rupee could touch 70 level against the US dollar in a month's time, although some revival of the currency is expected by the end of the year. Market is expected to open on a lower note and remain under pressure during the day.

Source : Equity Bulls

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