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Friday, 2 December 2016

Sensex tanks 329 pts, Nifty50 falls below 8,100, Today Stock market closed RED

The market has ended in red after radical fall, with the Sensex closing down 329.26 points or 1.2% at 26230.66, while the Nifty slipped down 106.10 points or 1.3% at 8086.80. 

Market breadth turned negative with 1785 shares declines over 878 advances on the BSE. 129 stocks remained unchanged. 

India Volatility index surges 8%, ahead of rumors of resignation CEO & MD NSE. The NSE board will finalize an short-term team to handle day-to-day operations and an official statement will be issued soon. 

Hero MotoCorp, Bajaj Auto, Bharti Airtel and Cipla were top gainers while Tata Motors, Adani Ports, Maruti, Asian Paints and HDFC were losers in the Sensex. 

Since morning, the market had been reacting to rising global worry over today’s US employment data and the approaching Italian constitutional referendum on Sunday. 


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