After a volatile day of trade, the market ended on a flat note: Indian stocks plunged on Thursday, tracking weak trend seen in other Asian markets. The Nifty closed below the crucial psychological level of 8,300. The fall was led by losses in RIL and Tata Steel. The market breadth indicating the overall health of the market is weak. About 1145 shares have advanced, 1756 shares declined, and 99 shares were unchanged.
Asian markets spooked today on the back of slump in oil prices and poor Japanese data. However, European markets recovered from 3 days of losses, trading a tad bit in the green after People's Bank of China (PBOC) said it is set to inject Yuan 400 billion into Chinese banking system.
Asian markets spooked today on the back of slump in oil prices and poor Japanese data. However, European markets recovered from 3 days of losses, trading a tad bit in the green after People's Bank of China (PBOC) said it is set to inject Yuan 400 billion into Chinese banking system.
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