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Lack of movement was there in the market today due to tomorrow’s derivatives expiry of June series. In a turbulent day for the market, Sensex hit the day-low of 30847, almost 300 points below closing mark of the previous session. It slipped below 31000 for the first time since May 25. Nifty also lost more than 100 points in intra-day trade to touch the low point of 9473, hitting a one-month low. This was after the stock markets opened in the green buoyed by the Trump- Modi meet. Cautious stance by the investors ahead of derivatives expiry on June 29 could have kept the market in check. The Sensex closed down 124 points at 30834, while the Nifty ended lower by 20 points at 9491.
Lack of movement was there in the market today due to tomorrow’s derivatives expiry of June series. In a turbulent day for the market, Sensex hit the day-low of 30847, almost 300 points below closing mark of the previous session. It slipped below 31000 for the first time since May 25. Nifty also lost more than 100 points in intra-day trade to touch the low point of 9473, hitting a one-month low. This was after the stock markets opened in the green buoyed by the Trump- Modi meet. Cautious stance by the investors ahead of derivatives expiry on June 29 could have kept the market in check. The Sensex closed down 124 points at 30834, while the Nifty ended lower by 20 points at 9491.