Sensex continues to fall on Asia weakness; euro at 20-month low

Equity benchmarks continued to trade lower with the Nifty struggling below 8100, tracking weakness in Asia after resignation of Italian Prime Minister.

The 30-share BSE Sensex was down 73.16 points at 26157.50 and the 50-share NSE Nifty fell 21.65 points to 8065.15.

About 1229 shares advanced against 1057 declining shares on the BSE.

The euro dropped to a 20-month low in Asia as investors assessed the implications of the resignation of Italian Prime Minister Matteo Renzi after he suffered a humiliating defeat in a referendum over constitutional reforms.

Asian shares held in negative territory with Australia’s ASX 200 closed down 0.8 percent, or 43.62 points at 5,400.4. Japan’s Nikkei, China’s Shanghai, Hong Kong’s Hang Seng and South Korea’s Kospi were down 0.3-1.4 percent.

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