Sensex Tanks 400 Points Dragged By Banking Stocks, Nifty Below 11,470 - Dollar Advisory Services : Best Research Advisory Firm

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Monday, September 10, 2018

Sensex Tanks 400 Points Dragged By Banking Stocks, Nifty Below 11,470

BSE Sensex and NSE’s Nifty 50 declined on Monday, tracking losses in global markets. The rupee weakened further against the US dollar after India’s current account deficit widened to a four-quarter high due to rising crude oil prices. Asian shares began the week in the red, faltering for the eighth straight day while the dollar held on to recent gains as US President Donald Trump threatened tariffs on a further $267 billion worth of Chinese imports. Beijing has warned of retaliation if Washington launches any new measures. Meanwhile, DIIs purchased shares worth Rs 942.45 crore on net basis on Friday, while FIIs bought equities worth Rs 37.56 crore, provisional data showed. For more information Visit : www.dollaradvisory.com and Call : ✆ +91 9111179961

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