Market Watch

Tuesday 23 September 2014

Stock Trading Tips: Sensex falls Below 27,000


The Sensex crashed 391.09 points or 1.44 percent to 26815.65 and the Nifty plunged 108.40 points or 1.33 percent to 8037.90 .
With European stocks extending initial losses after data showing slowdown in euro zone private-sector growth this month, key benchmark indices in India also extended intraday losses and hit fresh intraday low in mid-afternoon trade
The S&P BSE Sensex slipped over 450 points in intraday trade on Tuesday tracking muted trend seen in other Asian markets
The fall in the index was led by losses in L&T, M&M, ITCBSE 0.07 % and ICICI BankBSE -2.46 %.
Tracking the momentum, the 50-share Nifty index also slipped below its crucial 8050 level.
The market breadth indicating the overall health of the market was weak, with more than two losers for every gainer on BSE.
All the twelve sectoral indices on BSE were in the red. The Sensex was currently down 281.71 points or 1.04% at 26,925.03.

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