Here you will find the latest stock market updates posted by the Equitymaster Research team. Our updates offer the latest stock market news, views, and analysis. Also find updates on how the various sectors are performing in the stock market.
Widespread selling across realty and banking sector stocks led to the BSE Sensex and NSE Nifty closing with losses of 190 points and 75 point respectively.
While markets have recovered from the day’s lows they are still showing signs of weakness.
Banking and energy heavyweights lead the Sensex to shed their early morning gains during the previous two hours of trade.
Driven by positive cues from the Asian markets and gains in metals and realty stocks, the BSE Sensex and NSE Nifty have opened on a positive note.
Roubini believes that the outlook for the US economy still remains weak, a view that is reiterated by Lawrence Summers in light of the high unemployment in the country.