Thursday, 20 August 2015

market closing update Sensex And Nifty index records biggest single-day fall

Today as Treasury yields dropped sharply as the Indian share market, crude oil sink lower.the selling in stock have been despite record high profitability,high valuations, lower oil prices.

The proximate cause of the equity performed action with low volatility.The Sensex and Nifty has been whipping around between consolidation range as the sensex plunging 323.84 points, or 1.16 per cent, to settle at 27,607.82 on Thursday. 

The 30-share Nifty barometer, close the session down 122.40 points, or 1.44 per cent, at 8,372.75. Pharma and FMCG stocks outperformed with big gainers like Lupin, ITC, Dr Reddy's Labs, Sun Pharma and HUL.

Banks, metals, IT and auto stocks were hammered out of shape. Vedanta, Reliance, BHEL, Tata Steel and Axis Bank were major laggards in the Sensex.


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