Wednesday, 8 July 2015

Sensex Nifty Under Pressure Indian Stock Market News Update

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Stock Market once again starts at low Sensex below 27k down over 200 points. Tn this Wednesday morning BSE tracking weakness in other Asian Markets. The fall in the index was led by losses in HDFC , ICICI , Infosys and TATA Motors.

The Nifty 50 NSE index plunged over 1 % in trade but it still trading 8401 by losses in capital goods, reality stocks, banks, metal.

The Market in Under Pressure with Chinese mainland index  the Chinese Government announced new measures including allowing insurance companies to invest more assets in stocks and a scheme to buy the shares of smaller companies.
The selling pressure was visible across the board. Shares of metal companies were the worst hit in trades today as they have significant exposure to Chinese markets. The metal index on the BSE slumped 3.6 per cent.


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