Wednesday, 8 July 2015

Free Stock and Equity Market News on Mobile

The S&P BSE Sensex plunged as much as 292 points in trade on Wednesday tracking weakness in other Asian markets. The fall in the index was led by losses in Tata Motors, HDFC Bank, HDFC, ICICI Bank and Infosys. The 50-share Nifty index plunged over 1 per cent in trade, but was still trading above its crucial psychological level of 8400, weighed down by losses in auto, banks, capital goods, metal and realty stocks.Cairn India slipped about 4 per cent in intraday trade.

India cbank says repo bids rise to 14.49 bln rupees.Indian banks' refinancing with RBI falls to 28.31 bln rupees.India cbank says banks' cash balances rise to 3.66 trln rupees .The market recovers a bit from intial knock out. The Sensex is down 195.44 points or 0.7 percent at 27976.25, and the Nifty slips 65.25 points or 0.8 percent at 8445.55. About 514 shares have advanced, 901 shares declined, and 90 shares are unchanged.

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