8 August 2014

Intraday Stock Tips Live Market Sensex loses 260 pts, Nifty falls 1%

Global crisis cast shadow on Indian intraday market today which triggered a sharp selling. The Sensex ended down 259.87 points or 1.02 percent at 25329.14. The Nifty fell 80.70 points or 1.06 percent at 7568.55. About 855 shares have advanced, 2058 shares declined, and 90 shares are unchanged.
Capital goods, metals and realty stocks were beaten out of shape. Except FMCG and Healthcare, all indices closed in red. Sesa Sterlite, BHEl, Tata Power, Tata Steel and GAIL were major laggards in the Sensex. The Reserve Bank of India today fixed reference rate of the rupee against the US dollar at 61.5575 and of Euro at 82.4125 as against 61.4123 and 82.1672 yesterday.
Gold prices again crossed the Rs 29,000-mark to hit over two-month high by rising Rs 300 to Rs 29,100 per ten gram in the national capital today, mostly in tandem with a firming trend overseas as worsening tensions in Iraq fuelled safe-haven demand.

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