The BSE Sensex came down by 340 points touching 17905 breaking the pshycological 18000 mark,and the NSE came down by 98 points touching 5302. The rupee is sliding to very low levels everyday thereby undermining confidence in the Stock Market. The US federal Reserve is tapering down stimulus in their economy. The Foreign shareholders are selling Indian Equities and so share prices are falling. The tension in the Indo Pak border where Pakistan has claimed that one of their officers have been killed has added to the tension in the Markets.The improved situation in the USA has led to a flight of capital to the US thereby reducing the Rupee value and share prices.Wait and Watch the Market. not Happy Investing this time.
Todays Market
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