Negative US equity market
Stock market live: The market started weak amid bad global signals. Nifty fell 68 points to 17,759, Sensex fell 307 points to 60,366 and Nifty Bank fell 194 points to 40,479. Out of 50 stocks of Nifty, 40 are trading in red and 10 in the green mark. 12 out of 12 stocks of Nifty Bank are trading in the red mark.
Asian markets fall
Asian markets are showing a decline. SGX Nifty opened at 17801, but could not hold on to it for long, at present it is trying to hold above 17,770 with a fall of more than 70 points. Japan’s market Nikkei is seeing a decline of 400 points (-1.48%). China’s market Shanghai also slipped by d 0.5%. There is a slowdown of more than a quarter per cent in the Hong Kong market Hang Seng. There is also a 1.5% decline in the Korean market Kospi.
US markets closed with a big fall on Tuesday. The Dow Jones closed at the day’s low, down 697 points (-2.06%), in addition to the Nasdaq down 295 points (-2.50%) and the S&P500 down 82 points (-2%). European The markets also closed on Tuesday with a weakness of about 0.5%.
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