Sunday, 23 August 2015

Capitalgrow Updates The Sensex falls 900 pts, Nifty breaks 8000 on global carnage

The market has opened with a big gap down on carnage across the globe as investors worried over Chinese economic growth. The Sensex fell 883.55 points or 3.23 percent to 26482.52 and the Nifty dropped 244 points or 2.94 percent to 8055.95.
All Nifty stocks traded in red. Tata Motors, Axis Bank, Vedanta, GAIL, ICICI Bank, Yes Bank and Cairn India topped the selling list, down 5-7 percent. Not only frontline indices, but also broader markets saw panic selling. The BSE Midcap and Smallcap indices slipped over 3.5 percent. Vakrangee, SKS Microfinance, OCL India, IFCI and Gujarat.
The currency has opened at 66.47 per dollar, the lowest level for the first time since September 2013, down 65 paise compared to 65.83 a dollar seen at Friday's close.
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1 comments:

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