Sensex opens 0.5% lower; RIL, HDFC Bank, HDFC down
The BSE Sensex opened nearly 100 points lower on Thuesday, as fears grow that Greece will default and the euro zone debt crisis will spread.
"The 50-share Nifty index fell below its critical level of 4900 with a gap down in the previous session, and the frontline stocks were very close to their 52 week lows,"said Kunal Bothra, Senior Technical Analyst, Manager Advisory, LKP Securities.
"Indian markets are likely to remain under pressure as global and domestic cues continue to remain weak. The 50-share Nifty index is likely to hit levels close to 4750 over the next few sessions,"said Kunal Saraogi, CEO, Equityrush.
"Traders must continue to hold short positions and refrain for more details....
"The 50-share Nifty index fell below its critical level of 4900 with a gap down in the previous session, and the frontline stocks were very close to their 52 week lows,"said Kunal Bothra, Senior Technical Analyst, Manager Advisory, LKP Securities.
"Indian markets are likely to remain under pressure as global and domestic cues continue to remain weak. The 50-share Nifty index is likely to hit levels close to 4750 over the next few sessions,"said Kunal Saraogi, CEO, Equityrush.
"Traders must continue to hold short positions and refrain for more details....
Labels: BSE Sensex, HDFC down, RIL share down, Sensex down, Sensex opens down |
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