Today Intraday NIfty Trading Market

BSE Sensex and Nifty fell sharply in early trade today amid a global selloff after US President Obama authorized air strikes in Iraq.

The Sensex was down 265 points to 25,323 while Nifty fell 83 points to 7,566, tracking fall in rupee which fell to 61.73/dollar today.

Market analyst Sarvendra Srivastava sees global selloff intensifying further and he expects Nifty to slide to 7,000 levels.

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