Intensified heavy selling dragged
benchmark indices with the Nifty breaching crucial 8100 after both Federal
Reserve and Bank of Japan held rates steady.
The Sensex is down 324.83 points or 1 percent
at 26401.51 and the Nifty is down 109.30 points or 1.3 percent at 8097.30
ICICI Bank, Maruti, Bharti Airtel,
NTPC and ITC are major losers in the Sensex. GAIL is the only green stock in
the BSE. Weak Asian markets is hurting India.
The Nikkei 225 extended losses,
dropping 3.1 percent to 15,426.09. The Japanese yen strengthened sharply
against the dollar and the Nikkei tumbled on Thursday after the Bank of Japan
kept monetary policy steady as was widely expected.
Oil prices sank for a sixth straight
session today in Asia, tracking a sell-off across equities with an expected
pick-up in output adding to worries about the global economy and a
weaker-than-forecast fall in US stockpiles.
After almost doubling between
February and last week, WTI has plunged eight percent from an 11-month high,
while Brent has lost more than six percent from an eight-month peak.
BUY DABUR INDIA FUTURE ABOVE 313 TG 314.50, 316, 318 SL 311,
BUY DABUR INDIA FUTURE ABOVE 313 TG 314.50, 316, 318 SL 311,
Intensified heavy
selling dragged benchmark indices with the Nifty breaching crucial 8100
after both Federal Reserve and Bank of Japan held rates steady. The
Sensex is down 324.83 points or 1 percent at 26401.51 and the Nifty is
down 109.30 points or 1.3 percent at 8097.30. About 717 shares have
advanced, 1361 shares declined, and 124 shares are unchanged.
ICICI Bank, Maruti, Bharti Airtel, NTPC and ITC are major losers in the
Sensex. GAIL is the only green stock in the BSE.
Weak Asian markets is hurting India. The Nikkei 225 extended losses,
dropping 3.1 percent to 15,426.09. The Japanese yen strengthened sharply
against the dollar and the Nikkei tumbled on Thursday after the Bank of
Japan kept monetary policy steady as was widely expected.
Oil prices sank for a sixth straight session today in Asia, tracking a
sell-off across equities with an expected pick-up in output adding to
worries about the global economy and a weaker-than-forecast fall in US
stockpiles. After almost doubling between February and last week, WTI
has plunged eight percent from an 11-month high, while Brent has lost
more than six percent from an eight-month peak.
Read more at: http://www.moneycontrol.com/news/local-markets/blood-spills-nifty-sinks-below-8100-sensex-plunges-itc-tanks_6874921.html?utm_source=ref_article
Read more at: http://www.moneycontrol.com/news/local-markets/blood-spills-nifty-sinks-below-8100-sensex-plunges-itc-tanks_6874921.html?utm_source=ref_article
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