Wednesday, 23 September 2015

Share Market Morning Updates: Nifty slips below 7,750

Sensex slips over 200 points; Nifty slips below 7,750 on weak global cue

The S&P BSE Sensex slipped over 200 points in trade on Wednesday following Asian markets which were trading lower after weak factory survey from China fuelled fears of an entrenched global economic slowdown.

The fall in the index was led by losses in ICICI Bank, L&T, HDFC, Tata Motors, Axis bank and ITC.

The 50-share Nifty index broke below its crucial psychological support level of 7,800, and was now trading around its crucial level of 7,750, weighed down by losses in Pharma, auto, capital goods, metal, realty, and power stocks. 

Opening Bell by MarketMagnify
NIFTY FUTURE DOWN 67.00@7718.00
BANK NIFTY FUTURE DOWN 215.40@16800.00
SENSEX DOWN 125.31@25526.53
INR 66.01

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