Friday, 9 February 2018

Sensex Slips Over 450 Pts, Midcap Outperforms; Tata Steel, Lupin Gain

Out of Nifty 50 stocks, 47 stocks continued to trade in the red. Three stocks, which bucked the trend, are Tata Steel, Lupin and Coal India.

The US government today was assured of careening into a shutdown at midnight after the Senate adjourned with no vote on a measure to extend federal funding beyond the 12:00 am deadline.

The upper chamber of Congress struggled to overcome roadblocks to passing a government funding bill and budget plan when a conservative senator objected to a swift vote, and leadership opted to close up shop and then reopen at 12:01 am.

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