Markets under pressure; ICICI Bank, L&T weigh
01/08/2016 14:25
02.25 Pm - Nifty Fut : Sell Zone
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Indices continued to trade under pressure during the late noon trading session amid selling pressure at higher levels with ICICI Bank and L&T leading the decline.
Sensex was trading at 28019.14 down by 32.72 points or by 0.12 per cent
NSE Nifty was at 8638.5 up by 0 points or by 0 per cent.
However, the losses remained restricted as the government is going to table the Constitutional Amendment Bill for introduction of GST in Rajya Sabha for consideration and passage this week. Traders also took some encouragement from the private survey indicating an improvement in India's manufacturing activity in July. The Nikkei Markit India Manufacturing Purchasing Managers’ Index (PMI) a composite indicator of manufacturing performance grew to 51.8 in July from 51.7 in June, the highest since April, with a reading above 50 signaling expansion.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 2902 , shares advanced were 1164 while 1577 shares declined and 161 were unchanged.
On the global front, Asian peers ended the day on a mixed note, while European counters were trading firm.
01/08/2016 14:25
02.25 Pm - Nifty Fut : Sell Zone
| Equity Market Trend Update | ||||
| 01-08-2016 14:25 | ||||
| Nifty Fut | : | Trend | - | Down |
| Banknifty Fut | : | Trend | - | Down |
| HDFCBANK Fut | : | Trend | - | Down |
| Infy Fut | : | Trend | - | Up |
| ITC Fut | : | Trend | - | Down |
| HDFC Fut | : | Trend | - | Down |
| Reliance Fut | : | Trend | - | Down |
| Icicibank Fut | : | Trend | - | Down |
| Tcs Fut | : | Trend | - | Up |
| LT Fut | : | Trend | - | Down |
| Axisbank Fut | : | Trend | - | Down |
| Tatamotors Fut | : | Trend | - | Down |
Free Equity and Stock Tips ( Call - 9841986753)
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Indices continued to trade under pressure during the late noon trading session amid selling pressure at higher levels with ICICI Bank and L&T leading the decline.
Sensex was trading at 28019.14 down by 32.72 points or by 0.12 per cent
NSE Nifty was at 8638.5 up by 0 points or by 0 per cent.
However, the losses remained restricted as the government is going to table the Constitutional Amendment Bill for introduction of GST in Rajya Sabha for consideration and passage this week. Traders also took some encouragement from the private survey indicating an improvement in India's manufacturing activity in July. The Nikkei Markit India Manufacturing Purchasing Managers’ Index (PMI) a composite indicator of manufacturing performance grew to 51.8 in July from 51.7 in June, the highest since April, with a reading above 50 signaling expansion.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 2902 , shares advanced were 1164 while 1577 shares declined and 161 were unchanged.
On the global front, Asian peers ended the day on a mixed note, while European counters were trading firm.
