The
market
ended
near one-month low, tracking a sell-off in global stocks, with bank
and information technology shares leading the decline. Further, fears
of foreign fund outflows in the short term amid sooner-than-expected
hike interest rates by the US Fed in wake of robust jobs data also
dampened sentiment.
The Sensex ended down 604 points at 28,845 and the Nifty ended down 181 points at 8,757.
The Bank Nifty ended down 602 points at 19,146.
The Indian rupee was trading sharply lower to the US dollar after the greenback rallied against other currencies on expectations of that the US Fed would
Investment
Advices:
- Buy
UPL Future above 442 targets 447, 452, 458 Stop loss 432.
- Buy
Hindunilvr Future above 984 targets 994, 1004, 1014 stop loss 968.
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