Sensex may drift down to 12500, -ve on RIL: Shankar Sharma
Shankar Sharma, Vice-Chairman and Joint Managing Director, First Global, says the Sensex can drift down to 12,000-12,500. He feels the next 3-4 months would to be challenging for equities. “We are looking at a 20% fall in global markets, so India would sell off more if they fall.” Shankar advises investors to stay away from [...]
Indian Stock Market snaps last six days gains
The key benchmark indices snapped last six days gains. Index
heavyweight Reliance Industries (RIL) edged higher in volatile
trade. The BSE 30-share Sensex fell 50.11 points or 0.31% up close
to 95 points from the day’s low and off 40 points from the day’s
high. Auto and banking stocks were in demand. PSU OMCs also edged
higher as crude oil [...]
NSE Chart
S&P CNX Nifty – India