Yellen comments, auto drag Sensex 184 pts; Tata Motors down 10%

Wed Feb 15 2017
Ramesh Sridharan (935 articles)
Yellen comments, auto drag Sensex 184 pts; Tata Motors down 10%

 

The market broke its recent range on downside Wednesday as concerns raised over FIIs inflow after Federal Reserve chairwoman Janet Yellen hinted rate hike next month. The correction was despite positive global cues.

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Yellen comments, auto drag Sensex 184 pts; Tata Motors down 10%

The market broke its recent range on downside Wednesday as concerns raised over FIIs inflow after Federal Reserve chairwoman Janet Yellen hinted rate hike next month. The correction was despite positive global cues.

Moneycontrol BureauThe market broke its recent range on downside Wednesday as concerns raised over FIIs inflow after Federal Reserve chairwoman Janet Yellen hinted rate hike next month. The correction was despite positive global cues.

The 30-share BSE Sensex fell 183.75 points to 28155.56 and the 50-share NSE Nifty lost 67.60 points to 8724.70 after the end of December quarter earnings season.

 

 

 

Ramesh Sridharan

Ramesh Sridharan

Ramesh Sridharan is our Stock Market Correspondent covering events and daily movements of stock markets in Asia. He is based in Mumbai