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Sensex opens down 316 points

Following the Asian markets trends, the BSE Sensex opened down 316 points. Nifty is down by 85 points. However, few select stocks are getting buying interest and coming back to the green.

Reliance packs saw the heat today. Banks too joined the selling pressure with SBI, ICICI and HDFC Bank opening down. ONGC is trading red.

More than 430 stocks are in the red in the Jr. Nifty.

Nalco is in the lone visible stock in the green.

FACT is trading at 30.55 down by Rs. 3. Birla Power that was saw some interested continued is green.

Sugar stocks are in the green. Balrampur Chini is showing some interest.

Add commentNovember 8th, 2007

Asian markets takes a bad day; US markets close in red – November 8, 2007

Almost all of the Asian markets are seeing one of the bad days in recent times. Hand Seng, at a point, is down by over 1000 points or about 3.8%. All Ordinaries, Shanghai Composite, Jakarta Composite, Nikkei 225, Seoul Composite and Taiwan Weighted are all down between 2 to 3% today.

Earlier the US Markets too saw pressure with Dow Jones down by 360 points and NASDAQ by about 74 points.

Add commentNovember 8th, 2007