Indian Markets crash with Sensex plunging over 600 points - Microsec

Indian markets crashed with Sensex plunging over 600 points on Tuesday after the rupee slipped further raising concern over possible rating downgrade for the country. This couple with Syria tension weighed on the markets.

Nifty closed at 5341.45 down by 209.30 points or 3.77% over the previous day closing of 5550.75 after witnessing a low of 5323.75 and a high of 5580.95. Sensex closed at 18234.66 down by 651.47 points or 3.45% over the previous day closing of 18886.13.It touched an intraday low of 18166.17 and high of 19007.31.

The markets' breadth was positive. Out of 2416 stocks traded 805 stocks advanced, 1478 stocks declined and 133 stocks remained unchanged. In Sensex, Out of 30 stocks 02 stocks advanced and 28 stocks declined.

Among the sectors, BSE Bankex, BSE Consumer Durables and BSE Realty were the main losers of the day which decreased by 5.06%, 4.61% and 4.39% respectively.

In BSE Bankex Axis Bank, Yes Bank, and Indusind Bank decreased by 9.27%,9.13% and 8.45% respectively. In BSE Consumer Durables sector Titan Inds, Whirlpool and VIP Inds declined by 7.07% 4.95% and 4.91% respectively. In BSE Realty sector Indiabulls Real estate, DLF and Unitech increased by 7.53% 6.77% and 6.63% respectively.

Source : Equity Bulls

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