As we assumed in the morning market was seen having downtime today. Market is assumed to see more down time in coming days. As we told bear didnot end. Metal index dipped 8% as profit booking was seen majorly in this sector today. Lot of selling was seen in the market. The global cues have played a key role in today’s session. Among the Asian markets, the Nikkei sliped 6.79% followed by Straits Times, Kospi and Hang Seng, which fell over 5% each. Shanghai lost 3.2% and Jakarta fell 4.19%. Taiwan was down 1.62%.
At the end of the day:
Sensex: 10169.90 ( -513.49 Points down)
Nifty : 3065.15 ( -169.75 Points down )
But as i stated earlier, market looks attractive for investment with 1–2 year horizon. So guys, go for long term investments now and stay connected…
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