China steps in to stem rout in mkt

As the Chinese government along with its market regulator stepped in to contain any further damage to the stock market, Chinese stocks rebounded strongly and so did global markets on Thursday Share Market Astrology

However, in India, the sensex closed 114 points lower at 27,574 as foreign investors net-sold stocks worth Rs 274 crore. On Thursday, the Chinese market regulator banned all shareholders holding more than 5% in any Chinese company from selling any stake for the next six months. The country's investigators also joined the regulator to look into allegations of illegal short-selling by speculators. The two decisions led to a sharp rebound in the Shanghai Composite index which closed nearly 6% higher. 

The index had lost about 30% in the three previous weeks Indian stock market astrology prediction