SENSEX went down by 150 points today

In Indian stock market, SENSEX went down 150 points today(Aug11th 2010-Wednesday), The following things are the reasons for bearish market
1) US Federal Reserve report
2) Japan’s and Chinese industrial export data.
Today’s SENSEX index of the Bombay Stock Exchange (BSE) closed at 18,070.19, down 0.82 % which is around 150 points from the previous day close. In the morning during opening of the market itself Sensex was in red at 18,177.35 and further went down to a low of 18,042.89 points. The index touched a high of 18,263.88 points in the intra-day trade. At the National Stock Exchange (NSE), the broader 50-share S&P CNX Nifty closed 0.73 percent or 40.10 points down at 5,420.60. After opening flat at 5460.70, the index plunged to a low of 5,412 from a high of 5474.60.


Nifty future Tips said...

On Tuesday trading session market indices started with gap up, after RBI reduced the rate under marginal standing facility by 50 basis point to 9% and introduced lending to banks foe 7 days and 14 days instead of current practice. Intraday Stock trading tips for 08-OCT -2013, Tuesday