Tuesday 16 August 2016

Sensex Nifty Under Pressure - Market Updates By Money Maker Research

Sensex Nifty Under Pressure - Market Updates By Money Maker Research
The Indian stock market opened lower on Tuesday. The key benchmark is trading lower after disappointing macroeconomic data and weak trend in Asian markets. India's retail inflation hit a two-year high of 6.07% in July and the country's merchandise exports contracted 6.84% from a year earlier in the month, after a marginal rise in June. Bharti Infratel dropped more than 4.5 percent till yet in todays session. Sensex has dropped 189 points to 27963 and Nifty has dropped 60 points to 8611. Commodity Market is moving upwards. Gold hiked 221 points to 31440 and Silver surged 520 points to 46645. Crude Oil has gain a huge amount of 89 points to 3060 and Natural Gas with no major movements trading at 173. Rupee is trading higher with 6 paise at 66.82 against US Dollar. All the Asian Market Indices are trading low in the negative zone. Maximum Indian Sectors are also trading in negative zone. 

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