Market Watch

Wednesday 11 March 2015

Stock Market Closing Bell News



Market closing: It as another volatile day at Dalal Street. The Sensex was down 50.70 points at 28659.17 and the Nifty slipped 12.10 points at 8699.95. About 1199 shares advanced, 1638 shares declined and 200 shares were unchanged.
The euro dived to its lowest since early 2003 against the dollar on Wednesday, dragging other European currencies with it on the back of the huge differences developing in market interest rates between Europe and the United States.
 In a dollar rally that began last July the single currency has lost around a quarter of its value, and there is little sign of that bottoming out. Deutsche Bank on Tuesday forecast a fall to 85 US cents by the end of 2017.
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