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North Korea missile talk keeps Sensex, Nifty weak; midcaps crack



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Investors on Monday continued to be wary of fresh talks of missile launch by North Korea, pushing global indices lower in the day’s trade. Back home, the Nifty breached 9900-mark, while the Sensex fell over 300 points intraday.

While the Street did witness a pullback of sorts from the day’s low points, weakness still continued.

The Sensex was down 273.59 points at 31618.64, while the Nifty was down 93.90 points at 9880.50. The market breadth was negative as 775 shares advanced against a decline of 1,707 shares, while 136 shares were unchanged.

Banks, auto, FMCG, IT and infrastructure sectoral indices bled, while midcaps cracked 1.25 percent.

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This post first appeared on Stock Market News And Updates, please read the originial post: here

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