Selling pressure witnessed for the fourth day in Indian bourses. According to market participants weak global cues are the main reason behind the sell off. Today being the F&O expiry day there will be some buying interest during the end of the day. Reality and metal sectors witness the selling pressure more. Bombay sensitive index or sensex slipped below the psychological level of 16,000 during early hours of trade. Now the sensex is at 16114 down by 169 points and nifty down by 44 points and now trading at 4782.
Indian markets are well under control of bears. It is believed that the sentimence would continue. Now is the right time to buy good stocks.
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