Wednesday 9 March 2016

Today, Nifty futures started below 7,450 9 Mar

Today, the S&P BSE Sensex jumped as much as by 192 points in morning trade, led by losses in  ITC, TCS, ICICI Bank, Infosys, Tata Motors, & SBI.

The Nifty futures slided below its critical psychological level of 7450 weighed down by losses in metal, power, consumer durable, banking & auto index.While the broader market traded in line with the benchmark indices with the BSE midcap & BSE smallcap trading lower by 0.40 and 0.48 per-cent.

The INR(rupee) started trading 9 paise down at 67.44 against the USD. The local currency had snapped a 6-day winning spree on today, by falling 27 paise to settle at 67.35 amid fresh dollar requirement from banks and importers.

Read More :  Nifty futures tips

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