Five major reasons for Bloodbath in Indian financial markets:
• Fears of global slowdown, china plays an important role after Chinese Yuan devaluations
• Rupee extends slide towards 66 levels, hits fresh 2 year low.
• Nifty slips below 200-DMA (8270), wipe out entire gains made in 2015
• European market weakness as Greece's Prime Minister Alexis Tsipras resigns
• Major fund houses has trimmed earnings estimate for Sensex companies
• Fears of global slowdown, china plays an important role after Chinese Yuan devaluations
• Rupee extends slide towards 66 levels, hits fresh 2 year low.
• Nifty slips below 200-DMA (8270), wipe out entire gains made in 2015
• European market weakness as Greece's Prime Minister Alexis Tsipras resigns
• Major fund houses has trimmed earnings estimate for Sensex companies