The S&P BSE Sensex slipped below its crucial support placed at 38,000 while the Nifty plunged below 11,400 on Monday, tracking muted trend seen in other Asian markets.
The Sensex fell over 500 points while the Nifty saw a cut of over 100 points.
Wipro, Sun Pharma, and HCL Technologies are the top gainers, while Axis Bank, State Bank of India, Titan and Indiabulls Housing have lost the most.
Weak Global cues:
A flat close on Wall Street and a muted trend seen in other Asian markets hinted at a weak opening for Indian markets. Wall Street ended mixed amid news of trade wars.
Most Asian share markets slid amid reports Washington was about to announce a new round of tariffs on Chinese imports, setting the stage for possible reprisals by Beijing.
Source- https://www.moneycontrol.com/
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