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Friday, 24 June 2016

Live Market Updates: Sensex Plunges Over 900 pts, Nifty Falls 3.5%

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The Indian Equity Market has opended sharply lower. The Sensex is down 940.07 points or 3.5 p.c at 26062.15, and therefore the dandy down 287.70 points or 3.5 p.c at 7982.75. concerning fifty seven shares have advanced, 1065 shares declined, and eighteen shares area unit unchanged. Tata Motors is down ten p.c. Tata Steel is down eight p.c, ICICI Bank, Maruti and Adani Ports area unit major losers. 
BBC has projected 'leave' win in UK vote. FTSE futures crashed 7.5 p.c to five813. "The UK's EU vote is proving shut however the stay campaign seems to be failing to choose up enough support outside London to win." 
The Indian rupee declined within the gap trade on weekday before UK vote results. Devesh Divya, Asia FX deviser at customary hired Bank same, "Brexit can see a huge risk-off event for international markets, dollar/rupee can move sharply higher, which can see Central Bank's intervention however if its Bremain, we tend to may even see pullback on dollar/rupee."

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