Bear Hitting Hardly, Sensex Nifty Under Pressure

After a poor opening in the morning, bear struck down the Indian stock market in the mid noon session, where equity benchmark indices have already dropped more than 1%. Currently, Sensex is live at 25823.65 with the loss of 326.59 points and Nifty is live at 7957.70 with the loss of 116.40 points. About six shares have declined on the rise of a single share in the BSE. The broader market has lost around 2.5%, where Banking, Auto, Metals and Small Cap sectors are down more than 2.65% each, while IT and TECk sectors are still holding the positive leads. At Present, Wipro, TCS, Infosys and HUL are the top gainers, while Bank of Baroda, Adani ports, Eicher Motors, SBI and Tata Motors(D) are top losers in BSE. 

In global market, European and American market are trading poorly, while Asian market seems to have both positive and negative trend. In Asian market, Japan's index Nikkei is trading at 18106.02 with the loss of 138.61 points and Singapore's Index Strait Times is trading at 2827 with the loss of 11.60 points.

Stock Market Struggling To Drift Up ~ MCX, NCDEX Market Down

Stock market started on a flat note with a slight negative bias, equity benchmarks are still under pressure. BSE Sensex has hiked 7 points at 26233 while Nifty is 5 points up at 8085. In broader market, BSE Small Cap is just 2 points up at 11842, BSE Midcap has risen up 64 points at 12065 and Nifty Midcap has gained 37 points at 14327.

Indian Currency Rupee slipped large amount of points in the morning session itself and is trading lower by 30 paise at 68.12 against US Dollar.

Asian Market Updates: Mostly global indices are in the green zone with Japan's Nikkei leading the region at 18007 with 145 points hike. Hang Seng dropped 3 points at 22259 and Taiwan Index is 13 points up at 9008.

Commodity Market also drifted down today. MCX Gold dropped 184 points at 28947 and Silver lost 293 points at 40447. Crude Oil declined 41 points at 3125.