Stock Market Today
The Bear rally continues for another day with more than normal Fall
As on friday the market rebounds after the halt of 45 min in the trading session as It touched the lowest circuit .By falling more than 10% in a day and It was same with nifty 50 that day
But Today the traders were thinking that the market will Rebound and will become stable
But today 16th March the rally began again downwards By Showing Again the bull rally and closing much lower than the prevous day close price.
Here is the image of the sensex
Perfomance
As shown in the image Sensex fell by more than 2700 points in a Day that is way more than the normal fluctuation in a Day Its becoming More worse than even the 2008 stock market fall
Its the Start of the week and we Don't know how the week is going to go futher As clearly Seen market was opened at Rs 33103.24 and closed at Rs 31390.07 showing the downfall of around -7.98% than the Friday rebound .
All the major companies are facing downfall and are great chance for long term investment
The list of loosers of Today
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source: @economic times
All the major companies are At their lower circuit not only of this year but of last 5 years
NIFTY 50 THE ANOTHER GREAT FALL TESTING ITS LOWEST CIRCUITS HERE IS THE IMAGE |
The Nifty 50 Also shows the Great downfall After the Fridays Bounce back of nearly 700pts and today it Breaks its Support level of 9500 points and Today it even touches 9000 points bracket
As shown in the image above The opening was around 9587.80 RS and closing is around 9197.40 RS almost an -7.61% down fall after the closing bell
There is a huge list of Loosers But there is an Stock which shows the positive upward move in this bearish market YES BANK shows and bull rally upward upto 50% in an day even there is restriction on it of 100 share per day
As clearly shown in the image Rs +11.55 rally with 45% day change in a single day
The top loosers are
Symbol | LTP | % chng | Volume |
INDUSINDBK JSWSTEEL VEDL TATASTEEL ICICIBANK | 656.25 183.05 74.90 291.75 401.10 | -18.35 -14.82 -10.89 -10.70 -10.31 | 1,66,14,043 1,51,67,108 3,37,77,113 2,36,06,452 3,48,34,779 |
Not only the stocks but the funds including mutual funds , debut funds are also bleeding red
SO the suggestion for the new investion any of the type should be hold till the market stabalizes
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