Indian stock market had another historic day of trade, but today it was a negative fall, Sensex fell by -2.6% to close the day at 11,355 down -306 points.
The fall was lead by FII's who sold frontline softwares and consumer goods stocks.
Sensex Days Range : 11,302 - 11,702
BSE MidCap 5,473 -106 -1.9%
BSE SmallCap 6,901 -68 -0.99%
Nifty also dropped by -2.8% to close the day at 3,380 down -98 points
CNX Nifty Junior : 6601 -1.39%
CNX IT : 4180 -4%
CNX 100 : 3314 -2.6%
Looks like the FII's are selling to take fresh positions, only time can say this, we have to be very cautious in this market and it is better to wait for another 2-3 trading sessions before entering again.
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