Sensex Falls Over 300 Points Amid Weak Global Cues, Nifty Trades Below 15,700
NDTV
Indian equity benchmarks on Friday traded lower in opening deals, moving in tandem with the global markets.
Indian equity benchmarks on Friday traded lower in opening deals, moving in tandem with the global markets. Asian stocks made a shaky start today as investors turned increasingly nervous about the global economic outlook. Overnight, Wall Street recorded a 21 per cent fall in the first six months of this year — the worst since 1970.
Trends on the Nifty Futures on Singapore Exchange (SGX Nifty) indicated a gap-down start for the domestic indices.
The 30-share BSE Sensex fell 331 points or 0.62 per cent to 52,688 in early session, while the broader NSE Nifty moved 113 points or 0.71 per cent lower to trade at 15,668.
Mid- and small-cap shares were trading on a weak note today as Nifty Midcap 100 slipped 0.56 per cent and small-cap shed 0.45 per cent.
