Sunday 30 August 2015

Markets stumble on lingering Chinese woes

The markets have kicked off the first trading day of the week on a weak note, tracking the weakness in China and the mixed cues from the other Asian markets  Himanshu Tiwari Astrologer Blog
At 9.35am, the Sensex was at 26,260, weaker by 131 points or 0.5% and the Nifty was at 7,968, down 33 points.

In the broader markets, the midcap and smallcap indices are trading virtually unchanged at 10,765 and 10,965 respectively. The market breadth is weak. Out of 1,307 stocks traded on the BSE, there are 511 advancing stocks as against 744 declines.

Meanwhile, the government will release gross domestic product (GDP) data for Q1 June 2015 today, 31 August 2015  Indian Stock Market  Astrology Prediction
In other news, the India Meteorological Department (IMD) said in a daily report issued on Sunday that for the country as a whole, cumulative rainfall during this year's monsoon season was 12% below the Long Period Average (LPA) until 30 August 2015.

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