Jan 10, 2017,
The market may stay flat Tuesday as global markets are marginally weak. The Nifty failed to hold above 8250 yesterday. The 30-share BSE Sensex was down 32.68 points at 26726.55 and the 50-share NSE Nifty fell 7.75 points to 8236.05 while the broader markets outperformed with the BSE Midcap and Smallcap indices rising 0.2-0.5 percent yesterday.
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The market may stay flat Tuesday as global markets are marginally weak. The Nifty failed to hold above 8250 yesterday. The 30-share BSE Sensex was down 32.68 points at 26726.55 and the 50-share NSE Nifty fell 7.75 points to 8236.05 while the broader markets outperformed with the BSE Midcap and Smallcap indices rising 0.2-0.5 percent yesterday.
Asian markets started on the back foot, after the Dow retreated further from the 20,000 mark and oil prices plunged as much as 4 percent overnight. Australia's ASX 200 was down 0.46 percent in early trade, weighed heavily by losses in its energy sub-index as oil prices plunge.
Declines in energy and financial stocks weighed on the S&P 500 on Monday and helped stall the Dow's pursuit of the 20,000 milestone ahead of earnings season and expected US policy changes under the Donald Trump presidency.
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