Thursday, 9 June 2016

Live Stock Market Updates - Sensex slips over 150 points

The BSE Mid-cap Index is trading up 0.32% at 11,513, whereas BSE Small-cap Index is trading up 0.37% at 11,423.

Sensex crashes
At 9:28 AM, the S&P BSE Sensex is trading at 26,951 down 70 points, while NSE Nifty is trading at 8,258 down 15 points.

The BSE Mid-cap Index is trading up 0.32% at 11,513, whereas BSE Small-cap Index is trading up 0.37% at 11,423.

RBI Governor Raghuram Rajan reportedly said the economy is on the right track though “true numbers” of GDP could be 1% up or down. “I would hope that with good monsoon, strong rural demand, with more animal spirit and public investment picking up pace… I think with all that coming together there will be need for private investment", Rajan was quoted as saying.

Japan's Nikkei is down while Chinese and HongKong markets are shut.  US markets closed higher. S&P 500 gained 0.33% to 2,119 as gains in crude oil spurred bets on material and industrial shares. The Dow ended above 18,000 for the first time since April, as declines in the dollar lifted some commodity-related shares. Nasdaq Composite added 12.89 points, or 0.26 per cent, to 4,974.64.

Auto stocks will be in focus as SIAM announces May numbers today.

Road Transport & Highways Minister Gadkari will launch Annual Report of Transport Research Wing on Road Accidents in India in New Delhi.

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