Sensex continues to be sluggish, Nifty hovers around 10,000; Europe lower

Sluggishness in the market continued to hold on, with the Nifty testing 10,000 levels.

The Sensex was down 168.97 points or 0.52% at 32307.77, while the Nifty was down 44.85 points at 10036.65. The market breadth was negative as 906 shares advanced against a decline of 1589 shares, while 150 shares were unchanged.

European markets were slightly lower on Thursday morning, as investors monitored further earnings reports and reacted to the Dow Jones industrial average breaking the 22,000 barrier for the first time in its 121-year history.
The pan-European Stoxx 600 edged down by 0.17 percent shortly after the opening bell with almost all sectors and major bourses in negative territory.

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Posted in: Indian Market Tips