Stock Market: Sensex falls 78 points, Nifty declines 100 points to trade at 17,002

The Sensex and the Nifty today fell around half a percent in the afternoon trade. Domestic stock indices slipped amid mixed cues from global share markets. The Sensex at Bombay Stock Exchange was trading near 56,800 points while the Nifty at National Stock Exchange was trading near the 17,000 mark.

The Sensex lost 278 points, or 0.49 percent to trade at 56,783 while the Nifty declined 100 points, or 0.59 percent, to trade at 17,002.

In the forex market, the rupee weakened marginally by one paisa against the US dollar. The domestic currency was trading at 76 rupees and 44 paise against the dollar when reports last came in.