Equity benchmarks extended losses in last hour of trade
with the Sensex falling 277.62 points or 1.04 percent to 26290.37 and the Nifty shedding 84.10 points or 1.06
percent to 7861.45.The barometer index, the S&P BSE Sensex, and the
50-unit CNX Nifty, both, hit 1-1/2-week low.
The Sensex
was currently down 212.17 points or 0.8% at 26,355.82. S&P BSE Sensex was
down 212.17 points or 0.8% at 26,355.82. The index lost 213.79 points at the
day's low of 26,354.20 in mid-afternoon trade, its lowest level since 26
September 2014. The index rose 2.39 points at the day's high of 26,570.38 in
early trade. The CNX Nifty was down 65.10 points or 0.82% at 7,880.45. The
market breadth indicating the overall health of the market was negative..
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Ncdex market is trading in volatile note today, December cotton futures on NCDEX meal after a decline of 0.19 per cent is trading at Rs 1389. Guarseed after up 2% in October futures now is trading at Rs 5521.
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GBP/USD TREND: CONSOLIDATE RES 1: 1.6160 RES 2: 1.6200 SUPP 1: 1.6080 SUPP 2: 1.6040 STRATEGY: SELL ON HIGH
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