Published On: Fri, Nov 23rd, 2018

After Market: 136 stocks showing bearish signs & ones below 200DMAs

A man walks out of the Bombay Stock Exchange (BSE) building in Mumbai
Sustained capital outflow, triggered by prevailing pessimism in global markets over concerns of weak global economic growth and lingering US-China trade tussle, made the market suffer losses for the third consecutive day on Thursday.

Participants went for across-the-board selling spree, with metals, telecom, banking and financial stocks taking the biggest hit. Subdued US dollar and soft crude oil prices pushed the rupee higher, but it failed to give the market a booster dose.

After opening in the green, Sensex traded in the positive terrain during the first half of the session, but a fresh spell of selloff in most sectors in the second half spoiled the session.

After opening in the green, Sensex traded in the positive terrain during the first half of the session, but a fresh spell of selloff in most sectors in the second half spoiled the session

[“source=carwale]