The NSE benchmark S&P CNX Nifty battered down to 5262.70 levels from 5430 level, almost 172.85 points or -3.18 % due to renewed concerns on geopolitical front, spike in crude oil prices, a jump in inflation and caution ahead of the railway budget. The rate-sensitive banking, auto and realty sectors received a severe downfall in this session.
The Nifty Futures closed to 5262.90, down by 172.85 or -3.18 %.The Indian VIX which is currently at 28.20 and it was up by 1.65 points or 6.21 %. It indicates that the market will continue to be in a downward trend.
SUPPORT: 5175 & 5090.
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