Greece reached the brink of bankruptcy since the worldwide recession of the economy is unlimited fears. Similar to Monday because of fears that there was a sharp decline in all major stock exchanges. India stock Exchange BSE Sensex dropped 600 points and NSE nifty decline 167 Pts. July if no concrete solution to the Greek crisis does not, then it will have a direct impact on world trade. This sell-off in the stock market as well as rising crude oil and gold prices also could see movement. Greece’s crisis will also affect the Indian economy. Because exports and foreign investment from all the pressure on the Indian rupee will be. The Indian government has also expressed fears that foreign investors given the stock market crisis in Greece can sell.
12:40 Live market update:- The BSE Sensex is up 6.92 points or 0.03% at 27652.07 and the NSE Nifty index is trade gain 9.50 points or 0.11% at 8327.90.
Nifty @gainers:- Idea Cellular, Coal India, Lupin, ZEE Ent, Kotak bank, Sun Pharma, Bharti Airtel, Ultra Tech cements, Hind.unilever, Tata power.
Nifty @losers:- Tech mahindra, Gail, NTPC, TCS, Axis bank, M&M, PNB, Power Grid, Wipro, Hero motocrop, L&T.