NIFTY closed low and negative from its previous close at 8180 points.
- Opened at a positive note in the first day of trading in 2017 but failed to move further in uptrend and declined for about 6.30 points low.
- charts witnesses bearish reversal representing the end of uptrend with a hanging man pattern.
- Asian markets remained neutral while European markets are managed to remain poaitive.
- Pakistan has always outperformed from Indian stock markets from past 16 years of 21st century.
- Banking, IT, FMCG stocks met a decline after a very long time where it was in a positive trade.
- Equity volumes recover registering a growth of 14% in first half of fiscal year.
- Rupee plunges 30 paise breaching 68 rupees.
