Tuesday, February 9, 2016

Sensex, nifty & share market updates for 9 Feb, 2016

The S&P BSE Sensex tumbled as much as 368 pts to slide below its critical support level of 24,000 in today's morning trade, led by losses in TCS, Infosys, ICICI Bank, ITC, and HDFC.While, the Nifty-50 cracked over 100 points to break below its crucial support level of 7300, weighed down by losses in IT, metal, banks, auto, and FMCG stocks.

Shares of IT industry majors like Infosys, Tata Consultancy Services tumbled up to 4 per cent after global IT major Cognizant provided weak earnings guidance.

Japan's 10-year yield strikes zero for the 1st time ever while yen surged to over one-year high against the USD on secure haven buying. Mcx Crude oil traded with mild gains shrugging off the selloff in the world equity markets. The Brent price for April delivery stood at $33.12 per barrel.

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