Markets trim early gains; FMCG, Auto stocks support
02/08/2016 13:31
13.31 Pm - Nifty Fut : SELL Zone
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Indian equity benchmarks trimmed early morning gains but continued to trade in the positive terrain during the afternoon session on Tuesday led by increased buying by foreign funds and retail investors amid rising expectations of passage of GST bill in the Rajya Sabha on Wednesday, paving way for the country’s biggest fiscal reform yet.
At 1:04 hours,
Sensex was at 28,065.24, up by 62.12 points or 0.22 per cent
NSE Nifty was at 8,648, up by 11.45 points or 0.13 per cent.
On the macro-economic front, infrastructure sector grew at the fastest pace in two months in June at 5.2 per cent mainly on account of double digit growth in coal and cement sectors, which too buoyed the sentiment at D-Street.
Buying momentum was witnessed mainly in the FMCG and auto sector stocks.
On the global front, major Asian markets ended mixed with Japan's Nikkei ended 1.47 per cent lower, while financial markets in Hong Kong are closed today due to a typhoon. However, China’s Shanghai Composite index closed 0.61 per cent higher.
02/08/2016 13:31
13.31 Pm - Nifty Fut : SELL Zone
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Keep Refresh for Fresh Tips
Indian equity benchmarks trimmed early morning gains but continued to trade in the positive terrain during the afternoon session on Tuesday led by increased buying by foreign funds and retail investors amid rising expectations of passage of GST bill in the Rajya Sabha on Wednesday, paving way for the country’s biggest fiscal reform yet.
At 1:04 hours,
Sensex was at 28,065.24, up by 62.12 points or 0.22 per cent
NSE Nifty was at 8,648, up by 11.45 points or 0.13 per cent.
On the macro-economic front, infrastructure sector grew at the fastest pace in two months in June at 5.2 per cent mainly on account of double digit growth in coal and cement sectors, which too buoyed the sentiment at D-Street.
Buying momentum was witnessed mainly in the FMCG and auto sector stocks.
On the global front, major Asian markets ended mixed with Japan's Nikkei ended 1.47 per cent lower, while financial markets in Hong Kong are closed today due to a typhoon. However, China’s Shanghai Composite index closed 0.61 per cent higher.
