Market Watch

Friday 1 August 2014

Current Stock Market Trading Tips & Updates


The S&P BSE Sensex plunged as much as 215 points in trade on Friday, tracking weak trend seen in other Asian markets. The fall in the index was led by losses in M&M, NTPC, HDFC, Tata Steel and Sesa Sterlite.
The BSE Sensex recouped some of the morning losses but was still trading 0.56 per cent lower or 145 points at 25,749. It hit a low of 25,679.46 and a high of 25,757.83 in trade today.
India's NSE index falls 0.62 percent, while the benchmark BSE index is down 0.54 percent . Foreign institutional investors sold shares worth 16.54 billion rupees ($273.2 million) on Thursday, their biggest single-day selling since July 2.
Asian shares track a slump in global markets due to ongoing tensions with Russia and Argentina's second debt default in 12 years. Tech Mahindra Ltd falls 3.7 percent after April-June-quarter net profit lags estimates.

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