Sensex Nears 18000, Nifty Crashes 120 Points
Suparna / 19 Aug 2013
The Indian markets have continued to fall, with Auto, Banking, Heathcare and Oil & Gas stocks being hammered. The Nifty has crashed by 121 points to 5386 and Sensex is down by 393 points at 18205.
The Indian markets have continued to fall, with Auto, Banking, Heathcare and Oil & Gas stocks being hammered. The Bank Nifty index, which has lost 1000 points in the last couple of days, is currently trading around 9100. The Nifty has crashed by 121 points to 5386 and Sensex is down by 393 points at 18205.
The advance-decline ratio remains on the negative side. On the NSE, 1243 shares are in the green and 2063 shares are in red.
Top 5 Nifty Gainers: Tata Steel is leading the gainers list so far, up by 2.5%. NMDC, Jindal Steel, Hindalco and Reliance Infra are among the others that are trading higher.
Top 5 Nifty Losers: Bank of Baroda is down by 7.7%, followed by Bharti Airtel, Hero MotoCorp, Bajaj Auto and Axis Bank.
Among the sectoral indices, Auto and Bankex are the top losers, down by 428 points and 383 points respectively. Heathcare has lost 249 points and Oil & Gas has dropped 201 points. Mid-Caps and Small-Caps are also down in the range of 85 points each.
Among the Asian markets, the Nikkei is up by 108 points. The Hang Seng is witnessing some downtrade, down 54 points. Straits Times and KOSPI are both trading in negatives.
Buzzers: The Auto index has suffered the worst fall among all the sectoral indices, down by 3.5%. Auto stocks including Tata Motors, Bajaj Auto, M&M and TVS Motor all crashed between 3%-5%.
Nifty Futures has given a bearish breakdown at 5400 and may fall further below its current low of 5370.
If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.