The equity market opened under negative pressure, BSE Sensex plunged over 100 points in morning session on Thursday. Led by S&P indices Bank index, metals, and capital goods on the back of down side in early trade.
HSBC purchasing managers index for china hit its lowest levels in seven months to 48.3 this month.
11:15 AM, The 30 share Sensex is down 91.21 points or 0.44% at 20631.76, the 50 share nifty is negative 32.55 points or 0.53% at 6120.20.
The nifty is expected to trends down till 6100 in next couple of days, in intraday the key of support will be 6100 and resistance levels will be 6200.
Key DLF, Bajaj Auto, Dr. Reddy’s, TCS, JP Associate, Ranbaxy, Cipla, Hero Motocrop, Sun Pharma, Tata motors were top gainers today.
Bank of baroda, Tata steel, Kotak bank, IDFC, Indusindbk, PNB, SBIN, ICICI bank, Asian paints, Axis bank were top losses today.
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