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Sensex sinks 305 pts, Nifty below 7800

Discussion in 'Stock Market News & Analysis' started by chetanepic, May 19, 2016.

  1. chetanepic

    chetanepic New Member

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    The 30-share BSE Sensex fell 304.89 points or 1.19 percent to 25399.72. The 50-share NSE Nifty breached 7800 level, down 86.75 points or 1.10 percent to 7783.40

    Globally, European stocks traded lower as markets around the world digest the latest minutes from the US Federal Reserve that appeared to raise the prospect of an interest rate hike in June. France's CAC, Germany's DAX and Britain's FTSE were down over 1 percent. Oil prices also declined more than 2 percent.

    For more real-time market news and STOCK TIPS visit Epic Research.
     
  2. farhan khan

    farhan khan New Member

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    Gold edged up to a two-week high and then retraced some gains on Friday, holding steady after Federal Reserve chair Janet Yellen said she still expected gradual U.S. rate increases.
    The precious metal had rallied 2.8 percent on Friday after surprisingly weak U.S. jobs data dampened expectations of rate hikes from the Fed. On Monday, Yel. for more information visit Stock Futures Tips.
     
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