The
market has opened with a big gap down on carnage across the globe as investors
worried over Chinese economic growth.
The Sensex fell 883.55 points or 3.23
percent to 26482.52 and the Nifty dropped 244 points or 2.94 percent
to 8055.95.
All
Nifty stocks traded in red.
Tata Motors, Axis Bank, Vedanta, GAIL, ICICI Bank,
Yes Bank and Cairn India topped the selling list, down 5-7 percent.
Not
only frontline indices, but also broader markets saw panic selling. The BSE
Midcap and Smallcap indices slipped over 3.5 percent. Vakrangee, SKS
Microfinance, OCL India, IFCI and Gujarat Flourochem lost 8-14 percent.
Nifty Support & Resistance Level
NIFTY
TREND: BEARISH
NIFTY
SPOT LEVELS
SUPP
1: 8165
SUPP
2: 8080
RES
1: 8285
RES
2: 8360
Indian Rupee Today
The Indian rupee has touched a fresh two-year low in early trade today following sharp sell-off in global markets as investors worldwide worried about Chinese economy.
The Indian rupee has touched a fresh two-year low in early trade today following sharp sell-off in global markets as investors worldwide worried about Chinese economy.
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