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Tuesday, 9 December 2014

Sensex loses over 200 pts, Nifty weak on global jitters.

Global jitters grip Dalal Street as the market loses ground with the Nifty seeing almost 1 percent. The 50-share index is down 66.70 points at 8371.55. The Sensex is down 224.18 points at 27895.22. About 895 shares have advanced, 1784 shares declined, and 88 shares are unchanged.

Both midcap and smallcap indices are down over 1 percent each.

Metals, infra, oil and auto stocks drag the indices majorly. Tata Power, Sesa Sterlite, Bharti Airtel, NTPC and ONGC are big laggards in the Sensex. On the gaining side are Sun Pharma, Dr Reddy's Labs, TCS, M&M and Hero Moto.

Chinese markets sink over 5 percent in volatile trade after rallying to a three-and-half-year high earlier in the session. Chinese yuan is set for largest single day loss since 2008. What's leading to the fall in Asian equities is the steep decline in crude prices. Brent continues to trade at 5-year lows on over supply worries. More information please visit this site

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