10 July 2009
today's market
The market is in the mood to go down so it ignored the good IIP data and Infosys
decent numbers, . The budget was not liked by the market and now the global
correction is putting more pressure, . Now we hope the momentum gets arrested as Nifty is headed to 3600/
The Indian market cracked today in last hour
of trade due to intense selling pressure and
closed at the lowest level since May 15.
It was the worst weekly fall for the market
since October 2008.
Sensex shut shop at 13504, down 253 points
and Nifty at 4003, down 77 points
from the previous close.
CNX Midcap index was down 1.97%
and BSE Smallcap index is down 1.79%.
The market breadth was negative
with advances at 323 against
declines of 916 on the NSE.
Posted by
tips