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Current Account Deficit and U.S. Debt Crisis Worries Indian Stocks Market Tumbling 1.75 percent

  • Today Market Moves

Rupee spoiled due to weak Asian cues and weak markets beginning. Nifty slipped below 5800 reopened. The Sensex lost 200 points. Mid-cap and Small-cap stocks also declined.


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After this went grows selling pressure on both the market. The Sensex fell nearly 250 points. Nifty touched 5750 levels. In the U.S. market slipped to fears of Government expenditure cuts.

Continuing weakness in the rupee market crashed 1.5 percent. Sensex lost 300 points and the Nifty also slipped under the 5750. Mid-cap shares fell by 1 per cent.

Rupees from the market recovery is taking too looked at low levels. Although, in the last traded markets broken again. Sensex 400 points lower. Nifty slipped below 5725.

End of the market periods, the sensex lost 347 points to 19380 and Nifty lost 98 points to close at 5735. Mid-cap and Small-cap stocks fell 0.75 to 0.6 percent.

BSE Capital Goods, banks, metals, realty, PSU stocks took a 3-2 percent. Oil & Gas, Power, Auto, FMCG, consumer durables break stock 1.75 to 1 percent. Tech shares fell 0.5 percentage points. Healthcare and IT stocks were slack.

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