Stock Market Overview for 9 March

indore, india, March 9, 2016 (Newswire.com) - Free stock tips : Today, the S&P BSE Sensex jumped as much as by 192 points in morning trade, led by losses in ITC, TCS, ICICI Bank, Infosys, Tata Motors, & SBI.

The Nifty futures slided below its critical psychological level of 7450 weighed down by losses in metal, power, consumer durable, banking & auto index.While the broader market traded in line with the benchmark indices with the BSE midcap & BSE smallcap trading lower by 0.40 and 0.48 per-cent.

The INR(rupee) started trading 9 paise down at 67.44 against the USD. The local currency had snapped a 6-day winning spree on today, by falling 27 paise to settle at 67.35 amid fresh dollar requirement from banks and importers. Wall Street ended lower on yesterday, with the Dow Jones index falling down by 0.64 per-cent to settle at 16,964.10. The losses were led by a fall in Mcx crude oil prices.

US mcx crude futures declined more than 4 per-cent in post-settlement trading in their biggest daily decline since bottoming on Feb 11, Reuters told. Since that low, the US mcx crude prices have risen as much as 45.5 per-cent, the agency contributed.

Asian market updates - Asian markets were traded mixed. Japan's benchmark Nikkei was trading near 1.59 per-cent lower at 16,516. China's CIS300 fell down by 1.57 per-cent to 3,058.40. China will release its February CPI & PPI data on tomorrow.

Other Asian indices , including-

Hong Kong's Hang Seng (down 0.74 per-cent)

South Korea's Kospi (down 0.07 per-cent)

Taiwan's TWSE (down 0.75 per-cent)

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