International market starting from a weak domestic market has declined. Sensex and Nifty is down 1 percent. All sectoral indices are trading in red on NSE's. Especially banks, auto and metal sector index has declined by one percent. The BSE 30-share Sensex index dropped 230 points to 25658 level. The Nifty fell 75 points at 7792's level.
The tracking Asian markets which were trading lower after the European Central Bank (ECB) slashed its deposit rate deeper into negative territory and extended its asset buying by six months.
The rupee depreciated by 32 paise to 66.98 against the US dollar in early trade on Friday.
TODAY TRADING TIPS AND CALLS
BUY BHEL AT 168.50-169 SL 167.50 TARGET 174
BUY TATASTEEL AT 242-243 SL 240 TARGET 250
The BSE Sensex and NSE Nifty opened in red on Friday tracking weak global markets. Sensex opened 76.56 points down at 25,810.06, while NSE Nifty50 index opened 46.55 points down at 7,817.60.
ReplyDeleteLive Commodity Market News
After a poor week out, Indian Equity Market showed some wide movements on monday morning trading.
ReplyDelete