Sensex Sinks, Experts View For Market Next Week – Nifty Future And Option Tips

Sensex dropped 77 points at 26150 and Nifty closed with a mere drop of 6 points at 8074. Indian Currency Rupee fell for second consecutive day and closed lower by 31 points at 68.13. In Broader Market, BSE SmallCap hiked 29 points at 11868, BSE MidCap gained 73 points at 12072 and Nifty Midcap closed 72 points up at 14363.

Asian Market Updates: Japan’s Nikkei hiked 104 points at 17967, Hong Kong’s Hang Seng gained 81 points at 22344 and Shanghai Composite declined 15 points at 3193.

About 1328 shares advanced, 1263 shares declined and 164 shares remained unchanged.

Experts View: According to experts market will consolidate for some more couple of days. If Rupee fells further more then selling pressure is likely to be increased.

Nifty Future And Option Tips