Rops 300 Points News Today

Sensex Today: Benchmark indices Sensex and Nifty traded lower. Indias interim budget on Thursday and Fed policy decision on Wednesday will be the major near-term triggers for domestic equities, according to market analysts. "It appears that the strong DII and retail support and the consequent resilience of the market is forcing FIIs to reduce their selling. The Fed commentary on Wednesday will influence the US bond yields and consequently the FII strategy. Large caps like RIL, Bharti Airtel...

Sensex Today: Indias benchmark indices fell for the second straight session dragged by IT and financial stocks tracking a downfall in the global markets.Nifty IT was the biggest sectoral loser, sliding 2%. While Nifty Metal fell over 1%. Market View"Market has turned highly volatile with profit booking triggered by high valuations. Even DIIs who have been consistent buyers are booking profits. Buying on dips also is happening simultaneously. These twin moves of profit booking and dip buyi...