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S&P 500 falls below 50-day moving average

Dow Jones, S&P 500, Nasdaq down 1% each, stocks ticking lower

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extended losses on Tuesday with the S&P 500 falling below its 50-day moving average for the first time since December 21.

The Industrial Average was down 121.89 points, or 0.94%, at 12,807.70. The Standard & Poor's 500 Index was down 15.55 points, or 1.13%, at 1,366.65. The Composite Index was down 36.30 points, or 1.19%, at 3,010.78.

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Markets post best gains in 3-months on Fed optimism

The market breadth was firm. Out of 2,933 stocks traded , 1,685 stocks advanced compared to 1,136 declined on BSE

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Metal shares trip as China cuts growth target

China has lowered its economic growth target to 7% this year compared with 7,4% last year

BSE Pharma index hits new high

Sun Pharma, Lupin, Cipla, AstraZeneca, Sparc, Indoco Remedies, Shasun Pharma and Strides Arcolab up 2-16% on BSE.

Silver gains by 0.5% on global cues

Participants built up fresh positions by a firm global trend

Nifty holds 8,900; HUL up 2%, metal shares fall

The broader markets are outperforming the benchmark indices- BSE Midcap and Smallcap indices are 0.6-0.7%

Lead falls by 0.1% on sluggish demand

A weak trend in metal at the London Metal Exchange also kept pressure on the prices

 

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