Weak Monsoon

Nifty April Future Closed Negative, Reasons for decline in market

On expiry, SENSEX weakens 200 points and Nifyty slipped below 8200. Selling trend in midcap, smallcap, metal, FMCG, Capital goods, IT, Power and Realty stocks. Nifty April future closed at 8183.25 down 0.67% touched high of 8225.00 and low of 8136.80. Open interest decline 1.42%. Reasons for decline in market >>SENSEX and Nifty was under pressure due to April Future Expiry. >>FII investors are afraid of MAT, the source said the income tax department can examined the FII investors accounts have liability of MAT for 6 years. Impact of this is witnessed in market. >&gt...
Read More