Sensex sheds over 100 pts; metal, auto stocks weigh
22/08/2016 11:32
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Indian equity benchmarks extended losses during the late morning deals on Monday led by heavy selling pressure mainly in the metal and auto sector stocks amidst mixed cues from fellow Asian peers.
At 11:08 hours, the 30-share barometer index of Bombay Stock Exchange, Sensex was at 27,967.49, down by 109.51 points or 0.39 per cent while the NSE Nifty was at 8,627.55, down by 39.35 points or 0.45 per cent.
Markets sentiment remained dampened as the US monetary policy tightening likely to result in volatility in capital flows to emerging markets such as Asia’s third biggest economy.
Meanwhile, the government had announced the appointment of Urjit Patel as the next RBI governor.
On the global front, Asian markets were trading mixed amid uncertainity over a near-term US rate hike. China’s Shanghai Composite was down 0.32 per cent, Hong Kong’s Hang Seng slide 0.41 per cent while Japan’s Nikkei 225 surged 0.37 per cent.
22/08/2016 11:32
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NIFTY FUT TREND : SELL ZONE
At 11:08 hours, the 30-share barometer index of Bombay Stock Exchange, Sensex was at 27,967.49, down by 109.51 points or 0.39 per cent while the NSE Nifty was at 8,627.55, down by 39.35 points or 0.45 per cent.
Markets sentiment remained dampened as the US monetary policy tightening likely to result in volatility in capital flows to emerging markets such as Asia’s third biggest economy.
Meanwhile, the government had announced the appointment of Urjit Patel as the next RBI governor.
On the global front, Asian markets were trading mixed amid uncertainity over a near-term US rate hike. China’s Shanghai Composite was down 0.32 per cent, Hong Kong’s Hang Seng slide 0.41 per cent while Japan’s Nikkei 225 surged 0.37 per cent.
