Tuesday, 21 June 2016

Sensex, Nifty volatile; Europe mixed, oil prices fall 1%

FILES - A picture taken on June 1, 2008 shows a huge symbol of the Euro in front of the European Central Bank (ECB) in Frankfurt/M., western Germany. The US Federal Reserve struggled with central bank partners on September 26, 2008 to avert a "money market meltdown" as US lawmakers wrangled over a plan to stem the worst financial crisis most have ever known. Central banks added 13 billion dollars (8.8 billion euros) to an emergency fund that has become crucial for European banks, bringing the total made available so far to 290 billion dollars. AFP PHOTO / DOMINIQUE FAGETEquity benchmarks continued to consolidate in afternoon trade after yesterday’s rally. Global markets were also mixed after a spike in previous session due to easing of Brexit fears.

The Sensex declined 30.34 points to 26836.58 and the Nifty fell 12.25 points to 8226.25.

European stocks traded flat, taking a breather after sharp gains seen in the previous session following polls that allayed fears of a Brexit.
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