Monday, 8 February 2016

Live Share market Update



LIVE: Sensex down over 300 points on global cues, Nifty below 7,400; Inox Wind falls
Weak European markets coupled with heavy selling in the front line blue chip stocks in the last hour of trade dragged the benchmark indices BSE Sensex and NSE Nifty down over 1 per cent on Monday.
Weak European markets coupled with heavy selling in the front line blue chip stocks in the last hour of trade dragged the benchmark indices BSE Sensex and NSE Nifty down over 1 per cent on Monday.
European equities fell sharply on Monday, extending the previous week’s steep losses, with cyclical sectors losing ground on persistent concerns about the pace of global economic growth. The pan-European FTSEurofirst 300 was down 1.7 per cent at 1,261.05 points by 0940 GMT after falling up to 1,259.27 points, its lowest level since October 2014. European sectors such as banking, autos, construction and technology fell 2.6 to 2.9 per cent.

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