After declare RBI credit policy market crash very sharply and not get back at the end of day sensex shut door at 18518 down 353 point and Nifty close at 5575 down 105 point.
• Markets today opened on a quiet note & traded flattish in the early morning session awaiting the RBI credit policy, which announced a rise of 50bps in the repo & reverse repo rates while keeping the CRR unchanged at 6%. The unexpected rise in the interest rates led to a steep fall in the markets and the stocks of interest rates sensitive sectors like realty, banking and auto declined significantly. Earlier, US markets ended in negative while Asian indices closed in green. European markets displayed mixed and volatile trade.
• Asian Indices: China +0.53%, Hong Kong +1.25%, Japan +0.47%, S Korea +0.85%, Taiwan +1.28%.
• European Indices*: France ‐0.45%, Germany +0.15%, UK +0.09%.
• Bse Sectoral Indices: Losers: Realty ‐3.55%, CG ‐3.49%, Bankex ‐2.46%, Auto ‐2.14%, Power ‐1.88%, FMCG ‐1.56%, PSU ‐1.42%, Oil & Gas ‐1.28%, Metal ‐1.27%, CD ‐1.10% Laggards: IT ‐0.10%
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment