The market fell further in early trade on last trading day of the week, tracking nervousness across the globe on worries of Fed tapering in the forthcoming FOMC meeting due next week. Rate hike fears too spooked market and currency today. The Sensex lost 154.80 points or 0.74 percent to 20,770.81, and the Nifty fell 51.55 points or 0.83 percent to 6,185.50. The global mood is cautious. Asian markets are mixed on uncertainty over timing of scaling back fiscal stimulus by Federal Reserve. US markets slipped for the third session with the Dow closing down 100 points while European markets too feel the heat falling between 0.4-1 percent on Thursday. On BSE, Midcap is lower by 0.19% and Small cap is up by 0.05% while on sectoral front, Auto sector is the top gainer to gain 0.38% and bankex is the top loser to ease 1.52%.
Further the market breath stands negative with 552 shares are seen advancing against 663 declining shares.
Further the market breath stands negative with 552 shares are seen advancing against 663 declining shares.
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