Thursday, February 11, 2016

Nifty Below 7000,Sensex below 23000

Sensex reaches below 23000 after almost 2 years.


The same was on 9th May 2014 ,when Sensex went down below 23000 mark,

Sensex sinks 600 pts in a day, Nifty reached below 7000.

 The market went on beerish trend  in afternoon trade with the Sensex falling 598.43 points or 2.52 percent to 23160.47. The Nifty broke 7050 level, down 179.45 points or 2.49 percent to 7036.25, and further went down till 6993 points.

European stocks traded  lower today, and dragged down by a sell-off in banking and mining stocks, investors digest comments made by US Federal Reserve chair Janet Yellen and what that means for the timetable for interest rate hikes. The pan-European STOXX 600 was down 3.

Top NIFTY losers of the day were:

GAIL, ONGC , Kotak Mahindra, Voltas