The NSE Nifty50 index which opened near 11,536.15 at previous trading session closed on a lower note near 11,498.90, 57 points down. During its trading session, it touched an intraday low of 11,475.65. On the other hand, the BSE-SENSEX which closed opened near 38,701.99 at previous trading session closed 173.78 points down at 38,557.04 levels.
It seems like bears are holding a tight grip in the market.
Global Market: After the reassurance of interest rate cut this month, the major indices of Wall Street’s surged and closed on a higher note.
The DJIA closed 76.71 points up, the S&P500 closed 13.44 points up, and NASDAQ Composite closed 60.80 points up.