Sensex slips 245 pts, Nifty ends below 8050; Reliance tanks

Equity trading tips : Sensex slips 245 pts, Nifty ends below 8050; Reliance tanks

NIIT gains 5% on order from Norwegian oil & gas company

IOC to invest Rs 15,000 crore in Panipat refinery

SpiceJet shares jump over 8% on fleet expansion plans

NTPL Tuticorin to commission first 1000-mw power unit

2G case: Court denies Ruia permission to go abroad

The S&P BSE Sensex ended the day at 26,523.09, down 245.40 points.

The broader 50-share Nifty closed the session at 8,044.15, down 70.55 points, below its new crucial psychological level 8,050.

25 of 30 Sensex stocks ended the day in red. Top losers on the Sensex were Vedanta and Tata Steel, down about 3% each. NestleBSE -7.63 % ended day nearly 8 per cent down.

Sectorally, consumer durables and metals were the top losers, down nearly 2% each. The S&P BSE Sensex fell over 250 points in intraday trade on Monday on concerns that the US Federal Reserve may go for a hike in key policy rate as early as September even as other Asian stock markets saw a mixed trend.

Japan's Nikkei 225 ended 0.02 percent lower at 20,457.19 after dropping to as low as 20,359.06, the weakest intraday level since May 25. China shares posted solid rise and ended 2 per cent higher at 5,131.88, up 108.78 points.

The Reserve Bank of India (RBI) is scheduled to announce current account deficit (CAD) data for the fourth quarter of 2014-15 later today.

For More info click here : Equity trading tips