Thursday, June 11, 2015

Sensex Falls 470 Points; Nifty Ends Below 8,000 in Over 7 months



Sharemasterindia.com 3:30 p.m.: Markets end at lowest level in over 7 months. Sensex cracked 469 points to close at 26,370 and the Nifty settled below its crucial psychological level of 8,000 for the first time in 2015.

3:23 p.m.: Novertis India surges 18 per cent to Rs 855 reports suggest that its parent company is looking for delisting its Indian subsidiary.


3:14 p.m.: All stocks barring 2 on the Nifty-50 trade in the red. Tata Power, Bosch, Idea Cellular, Asian Paints and Punjab National Bank were among the top losers, down 4-5 per cent each.

3:05 p.m.: Sensex plunged 450 points to 26,382 and the Nifty cracked 153 points to trade at 7,971.

3:00 p.m.: Shrikant Chouhan, technical analyst with Kotak Securities says that one can go short on State Bank of India with stop loss at Rs 265.

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