Tuesday 9 October 2018




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Last week Nifty plummeted 5.62 percent, to close at 10,316. This was the 5th consecutive week of fall in the Nifty index. From an all-time high of 11,760 registered on August 28, Nifty has fallen more than 13 percent.


The Nifty mid-cap and small-cap indices have plunged 28 percent and 41 percent from their respective all-time highs registered in January 2018.


The Nifty has now turned negative on a YTD basis with a fall of 2 percent. However, on Monday, Nifty closed in green with minor gains of 32 odd points, to close at 10,348.

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