Lower circuit for 311 shares at BSE

Ahmedabad. August 22, 2019, Thursday

Other local as well as global adverse reports, including the implementation of the Super Rich surcharge on foreign portfolio investors, have worsened as the general capital's major capital erodes as the stock market is completely in recession. Lower circuits were implemented in Mumbai's stock market today under the pressure of selling from Chomer. On the other hand, today 3 stocks have come down at the bottom of the year.

At the same time, the stock market environment was backward due to adverse factors at the local as well as global level. According to the data available, he has carried out $ 1.8 billion in sales since the introduction of the budget. Delays in resolving the taxation issue of foreign investors and the economic downturn have led to heavy selling in the stock market that started after the budget.

On the one hand, the Sensex slipped to a six-point slump at the Mumbai stock market following pressure from selling of foreign investors and various adverse reports, as well as reports from the global economy, including India, that the global economy was in recession. On the other hand, the NSE's Nifty was down to the bottom of the 5, losing the critical AV2 level.

In the wake of the dark environment of the market downturn, the lower circuit of the eight stocks was implemented today at the Mumbai stock market. On the other hand, eight stocks were dropped today at the bottom of the week. While the new Lavallee reached a five-year high.

Of these stocks, 3 were from Stocks X Group, 3 Stocks Xt Group, 3b Group, 3t Group and 4 stocks were Z Group, Exchange data said. The stocks in which the lower circuit was seen included mainly CG Power, R, COM, Jet Airways.

At the Mumbai stock market, a total of 5 stocks were traded today. Of these, 5 stocks were outperformed, while 5 stocks were trending towards improvement and 3 stocks remained stagnant. Today, a total of 5 stocks were trading at a five-year low following pressure from a single sell.

Due to this adverse situation, the BSE Allcap Index dropped to the bottom of its five-year low.

Nifty's target fall

The global organization, Nomura Nifty, has reduced its target following the adverse market volatility in the wake of various adversities.

According to the available data, Nomura has reduced the Nifty's March 2 target to 5 percent from the previous one.