The BSE Midcap index was down 174 points or 1.54 per cent at 11,143. The BSE Smallcap index was down 205 points or 1.76 per cent at 11,475. The decline in both these indices were higher than Sensex's decline in percentage terms. Sensex was down 1.37 per cent at 27,221. 9.24 am: Sensex was down 466 points at 27,141. Shares of Bharti Airtel, Tata Motors and Vedanta were down over 3 per cent. NSE Nifty was down 135 points at 8,237. Triggered by weak global cues, the BSE Sensex and NSE Nifty opened 167.72 points and 67.35 points lower at 27,440.10 and 8,305.40, respectively, on Friday. Global Markets New York: The S&P 500 tumbled to a more than six-month low on Thursday on concern a decelerating Chinese economy will translate into slower global growth. The Dow Jones industrial average fell 358.04 points, or 2.06 per cent, to 16,990.69, the S&P 500 lost 43.88 points, or 2.11 per cent, to 2,035.73 and the Nasdaq Composite dropped 141.56 points, or 2.82 per to 4,877.49. London: Britain's top share index fell to its lowest point in seven months on Thursday, its worst losing run since 2011 as investor concerns over the global economy resurfaced. The blue-chip FTSE 100 index dropped 0.6 per cent to 6,367.89 points, its lowest level since January. Tokyo: Japan's Nikkei share average dropped more than 2 per cent to six-week lows on Friday morning after Wall Street tumbled as investors unloaded risky assets, hit by concerns that a slowdown in China could affect the global economy. The Nikkei share average fell 2.2 percent to 19,594.13 in midmorning trade, the lowest level since July 9. Hong Kong: The Hang Seng Index was down 2.10 percent.
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Parag Patil is a technical analyst and trading system designer with stock excel programmer. I hope the articles and live chart of nse future and mcx on this Website will be as helpful and profitable to you . I try to update and post new articles tips everyday. My motto is to encourage the traders, so that they should able to understand the technique views behind the moment of stocks. I have deeply analyzed with many technical indicator with parameter and added to my amibroker afl. And even taken backtest report which is never being implemented. Any of the analyst expect me. Seeing all this you may understand that my views is more technical than commercial. If you are profited by my views I fill happy.
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