Mid-Market Update - 9th September - Angel Broking

Mr. Yash Gupta, Equity Research Associate, Angel Broking Ltd

"Indian Indices Nifty and Sensex trumbles, down by 101 points (.90%) and 338 points (.90%) respectively. Indian Indices dips on back of weak global clues and disappointment on halt of AstraZeneca Covid 19 vaccine. All sectors are trading in red, led by S&P BSE BANKEX (down 2.41%), S&P BSE REALTY (down 2.35%) while defensive sector outperforming the market, S&P BSE Healthcare (down .21%),S&P BSE Energy (up .16%). We expect markets to continue its volatility on the back of global market and defence will gain some buying interest.Global Market update- DOW Jones down by 632 points (down 2.25%) and NASDAQ down by 465 points (up 4.11%)."

Source : Equity Bulls

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