Sensex ends at 8,843.21 on weak global cues

The Bombay Stock Exchange (BSE) benchmark Sensex on Friday shed around 200 points and closed below the 9,000 level after nearly a month. The fall recorded in the market is due to the global cues.

Indian stock market and indices were in negative due to the sluggish global market factors. The broader 50-issue Nifty of the National Stock Exchange also closed lower by 52.90 points or 1.90 per cent at 2,736.45.

Analysis over the stock market would point towards the gain in the bullion market. It can be considered that there is swing of the investors from stocks to bullion market. The global financial crisis not only have impact on the companies but also on the stocks.

The loss in the value of stock or the low trading results loss for both the companies and investors. Every investor try to make profit out of their investment but the global financial forces strike their profit speculation ends in loss in the stock market.