05:37
SHARE MARKET REVIEW
BSE SENSEX and NIFTY tanked down on the last trading session added the fall in previous losses. SENSEX and NIFTY lost more than 1.8 percent and 1.9 percent respectively on FRIDAY, break the important psychological support level of 17000 and 5100 respectively. Investors are taking is as a final downtrend signal for the markets. The major concern was depreciating rupee and wording of Anti-Avoidance Rule in the finance bill took a sell off. Losses were added by weak European markets opening along with hammered by Capital Goods, Metals, and Banking stocks while pharmaceutical companies capped the falls.
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