Market ends at lowest level in 2015

Equity trading tips: Market ends at lowest level in 2015, Sensex plunges 723 pts

Oil prices near 2015 highs on weaker dollar, Libya supply

Torrent Pharma to acquire Zyg Pharma for an undisclosed sum

Hindustan Zinc, Cairn sign Rs 20,500-cr MoU with Rajasthan

State Bank of Travancore Q4 profit jumps 4-fold to Rs 192cr

Bharti Airtel up 5%, MSCI ups weightage in India Index

Benchmark indices plunged over 2 per cent each in trade on Wednesday to hit their lowest level in four months, on strong selling on algorithmic trading platforms, rising crude oil prices, and muted corporate earnings growth, among others.

Continued offloading by foreign investors amid retrospective tax worries also weighed on the sentiment. Dealers said the sell-off was initially sparked by a slump in NSE index futures listed on the Singapore exchange, which are now trading at a discount to domestic NSE index futures, Reuters reported.

The S&P BSE Sensex finally closed 2.6 per cent lower at 26,717.37. It hit a low of 26,677.64 and a high of 27,501.15 in trade today.

The 50-share Nifty index ended 2.74 per cent lower or 227.80 points at 8,097.00. It hit a low of 8083.00 and a high of 8331.95 in trade today.

Try not to panic, advise experts, adding that invest in a scattered manner as come 2016, earnings growth of India Inc will start improving.