BSE SENSEX and NIFTY traded lower on MONDAY as investors booked profits over the weaker global cues. Slower pace in global economy growth and sluggish U.S. job data along with poor inflation report from CHINA weighted over the sentiments as hit a 29 months low. Investors looked cautious over 5350-5400 level for NIFTY, expect difficult to breach unless a strong dose of positive news. Depreciating Indian rupee also added the fuel to the fire as tanked by 44 paise against the DOLLAR at 55.84 hitting an intraday low of 56.06. However TCS, DLF and DRREDDY tried to support the market on today's session while Reliance Infra, Jindal Steel, and Ranbaxy Laboratories dragged the markets down.
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