Nifty at over 3-month closing low, Sensex plunges under US poll panic

ONGC, Tata Motors, BHEL, SBI and Cipla were losers while HUL, Mahindra & Mahindra, NTPC and Bajaj Auto were losers. 

After considerable struggle, Wednesday’s market ended in red after polls indicate Donald Trump victory in the US presidential election was tightening anxious global investors, sending Asi

an shares to 7-week lows and putting the US dollar on the defensive.

The Nifty closed at over 3-month closing low, down 112.25 points or 1.3 percent at 8,514, while the Sensex slipped 349.39 points or 1.2 percent at 27,527.22. 

ONGC, Tata Motors, BHEL, SBI and Cipla were losers while HUL, Mahindra & Mahindra, NTPC and Bajaj Auto were losers. 

Weak global markets and concerns over the US elections, which was literally got impacted the global markets, in the very morning of Wednesday, however, there are not any major domestic negatives today.

Posted in: Indian Market Tips