About 233 shares have advanced, 1895 shares declined and 36 shares are unchanged on the BSE and Bank Nifty almost lost over 900 points.
Why?……. Broken Stock Market
International markets in negative sentiment is the reason behind the decline of the stock market Monday. According to experts, given the slowdown in the Chinese market, foreign investors have been withdrawing their money from emerging economies. The trend is being witnessed in India. China’s stock market also fell by more than 8 per cent on Monday showed. With the fall of 2015, the Shanghai Composite lost full advantage. On Sunday, the Chinese government pension fund of 547 billion figure was approved in the stock market. Despite this decline in the market is indicative of the fact that government decisions are not managed. The fears that the Chinese economy has become a declining trend in the world economy can create pressure on the recession.
Nifty Top Gainers:- Yes bank 7.14%, PNB 6.71%, BHEL 6.65%, ONGC 6.62%, Gail 6.50%, VEDL 6.18%, Tata power 6.03%, Tata Motors 5.84%, Axis Bank 5.82%, Cairn 5.79%.