Thursday 11 October 2018

Stock Market Trading-Bloodbath on D-Street as Sensex plunges 1,000 points, Nifty below 10,200; NBFCs take a knock

Market opens It is a gap down opening on D-Street on Thurdsay as global sell-off weighed on Indian indices. The Nifty gave up 10,200 in the opening minutes.
The Sensex has tanked over 900 points, while the Nifty is down over 300 points.

The Sensex is down 927.62 points or 2.67% at 33833.27, while the Nifty is lower 300.20 points or 2.87% at 10159.90. The market breadth is negative as 56 shares advanced, against a decline of 338 shares, while 3,006 shares were unchanged.
Among sectors, there’s selloff across sectors, with maximum pain visible in metals, automobiles, banks, and pharmaceuticals, among others. The midcap index is down 4 percent.
Top losers on the Sensex and Nifty include Yes Bank, Vedanta, Indiabulls Housing and Bajaj Finance.
At 09:36 hrs, the Sensex is down 948.00 points or 2.73% at 33812.89, while the Nifty is lower by 297.70 points or 2.85% at 10162.40. The market breadth is negative as 231 shares advanced, against a decline of 1,369 shares, while 1,800 shares were unchanged.

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