Markets were down today, the sensex down by 114.7 points or 0.4% at 28106.21, the Nifty down by 34.4 points or 0.4% at 8709.55 The major looser was Midcap index which lost 1% from previous close. Selling emerged in realty, power, IT, Pharma, auto and capital goods stocks.
Weak opening of European markets amid concerns that the ECB may withdraw stimulus also weighed on market sentiments.Asian markets ended higher as the US FED may cut interest rates as data suggested that US economy was gaining momentum. Markets are overall in a healthy phase and seems to be good. The swings we are facing now is a correction which is natural in a Bull market. The fund flow into the market is high and the confidence in India despite the trouble with Pakistan is high. Happy Trading and Investing.