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Friday, 9 September 2016

BSE Auto and Bankex Sector Slumped, Commodity Market Down

On Friday, 9 September Stock Market opened on a flat note. Sensex and Nifty have slumped a large amount of points. Sensex lost 236 points to 28809 and Nifty dropped 75 points to 8877. BSE Auto index is 304 points down, BSE Bankex dropped 227 points and Bank Nifty lost 190 points yet in todays session. ONGC, GAIL, TCS, Wipro, Bharti Airtel, NTPC, RIL and Coal India are among the gainers, whereas Axis Bank, Tata Motors, HDFC, ITC, SBI, Adani Ports and ICICI Bank are losing sheen on BSE.

Bullion Market is trading in the negative zone. MCX Gold has dropped 19 points to 31184 while Silver has lost 167 points to 46547. Natural Gas with no major hike trading at 187 points while Crude Oil dropped 21 points to 3143.

Asian Market Updates: Nikkei hiked just 6 points yet at 16965, Hang Seng has hiked 212 points to 24131 and Shanghai Composite lost 17 points to 3078.