Five major reasons for Bloodbath in Indian financial markets

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

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