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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