Bharat Express

Stock Market

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 Bulls may wriggle out of the bear hug in this round of the bout...

The US is awaiting core inflation and CPI data today evening

The bears are sensing that the bull charge may be short-lived and eventually the bears will steer it their way...

The bears had a field day today and may continue to do so if more banks slump and if Fed raises interest rates

Stock market closed: Sensex closed at 59,808 with a big jump of 1.53%. There was buying in 25 shares, while there was selling in 5 shares.

The Nifty Bank fell 92 points to close at 39,909, with six stocks closing in the red and six closing in the green.

"These negative US equity market trends are impacting equity markets everywhere and India cannot be an exception to this trend at least in the near term," says V K Vijayakumar.

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

Stock market live: Today there are no good signs for the markets from the global markets today. US markets closed down on Tuesday due to higher inflation than expected.