The market has once again opened with sharp falls following weak China. The Nifty us below 7500 for first time since July 15, 2014. The 50-share index is at 7598, down 89 points or 1.15 percent while the Sense is down 326.29 points or 1.3 percent at 24608.04.
Hindalco, Tata Steel, Tata Motors, L&T and Adani Ports are major laggards in the Sensex.
Markets in Asia traded lower as worries over China and low commodity prices continue to dampen investor sentiments.
The Chinese markets opened in negative territory with the Shanghai composite down 2.51 percent after losing all of its 2015 gains last week, falling by 9.97 percent in just five days. The Shenzhen composite was down 3.28 percent.
STOCK FUTURE TIPS
Hindalco, Tata Steel, Tata Motors, L&T and Adani Ports are major laggards in the Sensex.
Markets in Asia traded lower as worries over China and low commodity prices continue to dampen investor sentiments.
The Chinese markets opened in negative territory with the Shanghai composite down 2.51 percent after losing all of its 2015 gains last week, falling by 9.97 percent in just five days. The Shenzhen composite was down 3.28 percent.
STOCK FUTURE TIPS
BUY RELIANCE INFRA FUTURE ABOVE 592 TG 594,
597, 601 SL 589,
BUY ADITYA BIRLA NUVO FUTURE ABOVE 2350 TG 2358, 2370, 2390
SL 2335,
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