Bharat Express

NIFTY

FIIs were net sellers today and sold Rs. 2546 crore in the cash market. On the other hand, DIIS were net buyers at Rs. 2877 crore.

Credit Suisse is trading 21% higher since yesterday. European indices have also gained and are trading in the green. Nifty on the other hand after an initial fall recovered to close 13 points higher near 17000. Bank Nifty also closed 81 points higher..

The vibes are similar to the 2008 Lehman crisis. The banking saga is far from abating and now spreading to Europe as Swiss Credit Suisse Group AG plummeted to close 24% down.

Both Nifty and Bank Nifty were seen sliding since morning and continued till close. Both the indices have engulfed the previous day prices indicating a very bearish outlook. Nifty and Bank Nifty closed in red for the 5th day in a row..

The US is awaiting core inflation and CPI data today evening

Foreign portfolio investors sold stocks worth Rs 561.8 crore

Foreign institutional investors (FIIs) bought shares worth Rs 3,671.56 crore

Stock market live: Signals from global markets are increasing pressure, Asia is soft, while SGX Nifty is also doing weak business

Equity benchmark indices began the trade on a positive note on Tuesday and were trading higher helped by buying in HDFC twins and mixed trends in Asian markets.

Stock market closed: Sensex climbed 44 points to close at 61,319. There was buying in 12 stocks while selling in 18.