It seems the pain regarding Participatory Notes is not yet over as the Sensex saw its biggest single day points loss. The markets opened in green and touched new highs. But reversed its gains as a big wave of institutional selling took the markets below some important psychological marks. It got worse by the second and the markets closed with some huge losses.Nifty Futures saw a whopping 50 points discount towards close.
Nifty saw 500 points swing during the day closing near the day's low and Nifty Junior was down 5%
Bank, realty, metal stocks are the worst hit. Bankex is down over 7% and realty index is down 6%
ACC is down over 13% post its Q3 numbers, its results were below street estimates
ACC, ICICI Bank, Bharti, Suzlon, SBI, were among the major losers on the indices.
TCS was up 3%, it has bagged $1.2 billion order 10-year deal from Nielsen Co. It will provide IT & operations support worldwide to the company.
Sensex was down 717.43 points or 3.83% at 17998.39, and the Nifty down 208.30 points or 3.75% at 5351.00.
Nifty saw 500 points swing during the day closing near the day's low and Nifty Junior was down 5%
Bank, realty, metal stocks are the worst hit. Bankex is down over 7% and realty index is down 6%
ACC is down over 13% post its Q3 numbers, its results were below street estimates
ACC, ICICI Bank, Bharti, Suzlon, SBI, were among the major losers on the indices.
TCS was up 3%, it has bagged $1.2 billion order 10-year deal from Nielsen Co. It will provide IT & operations support worldwide to the company.
Sensex was down 717.43 points or 3.83% at 17998.39, and the Nifty down 208.30 points or 3.75% at 5351.00.
Market on Friday : The level Breaks on Thursday Indicates that Market is highly Volatile , SO be Cautious , a great chance that selling may be continue on Friday.
The Confidence we loose in last two day also Nifty Breaks 500 Point in last two days ,is totally indicate that market may not try to come back at higher level again.
So tommorow you may again see high volatility.
Note : Book Profit now if you are investor.
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