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Daily-Intraday-Trading: 01/08/19Adviser-Street

STOCK NEWS DEAR INVESTOR: Sensex slumps 100 points, Nifty50 tests 10,750.

Sensex slumps 100 points, Nifty50 tests 10,750.

Domestic equity indices were on track to snap their two-day winning streak as key benchmark indices opened in the red on Tuesday on a fresh spell of selling, led by bank, financial and energy stocks even as Asian peers appeared firm on hopes of US-China trade deal. 
Rupee's fall against the US dollar amid a tepid rise in global crude oil prices weighed on investor sentiment, whereas market awaits the December quarter numbers for further direction. 
Sensex  slumped nearly 100 points in the opening deal, before recovering slightly. Around 9:25 am, the benchmark was 37 points, or 0.10 per cent down at 35,813, while the Nifty pack was 19 points, or 0.18 per cent, down at 10,753. 
Out of total 31 stocks in the Sensex kitty (including Tata Motors DVR), 15 were advancing and 16 were declining. 

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Market Live: Nifty above 10,650, Sensex up 250 points ; realty stocks in focus.

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