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Wednesday 2 September 2015

Sensex ends 587 Pts down, Nifty below 7,800, 02 Sept Market Predication Tomorrow

Indian Stock market closed decline today, with the BSE Sensex and NSE Nifty indices closing 2.25 per cent down. The Sensex ended 586.65 points or 2.23% at 25696.44 and The Nifty index declined 185.45 points or 2.33% at 7785.85. It’s today low, the Sensex Intraday fell as much as 703 points while Nifty lower 7746, it’s lowest in nearly one year.

@Sensex Losers:- Axis Bank 5.24%, Hindalco Inds 5.18%, Tata Steel 3.93%, BHEL 3.91%, Sesa Goa 3.80%, M&M 3.77%, Lupin 3.43%, SBI 3.24%, Tata motors 3.10%, ITC 3.00%, Coal India 2.99%, L&T 2.92%, Cipla 2.68%. 





Five Factors that weighed on Market. 
  • Below-expected Q1 GDP data
  • Potential US Fed rate hike in September
  • China slowdown jitters haunt markets
  • Rise in crude oil prices likely to weigh on markets
  • Sharp selling by FIIs
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