Another Bad Day for Markets
The things are moving from bad to worse for the Indian equity markets. While the market factors in one negative factor another one appears on the horizon. The negative global cues are impacting the markets negatively. Today the concerns in the European markets regarding the deficit and some below than expectations economic data contributed to fall. The Sensex opened gap down and then remained in the negative zone through out the session. Sensex closed at 15790 (Down 434 points) Nifty closed at 4718.65 (Down 126.70 points). On the sectoral front all the indices closed in red with metals and Realty being beaten down badly. Small cap index also witnessed a strong down move. Market breadth was negative with 2368 declines and 487 advances.
Related posts:
