Sensex, Nifty under pressure; Teck, IT weigh
19/08/2016 11:34
NIFTY Fut : Trend : SELL ZONE
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Tracking weak cues from fellow Asian peers on renewed worries over the US interest rate hike in the near-term, Indian equity benchmarks were trading in the negative territory during the late morning deals on Friday led by selling pressure mainly in the Teck and IT sector stocks.
At 11:09 hours, the 30-share barometer index of Bombay Stock Exchange, Sensex was at 28,100.37, down by 23.07 points or 0.08 per cent while the NSE Nifty was at 8,671.55, down by 1.7 points or 0.02 per cent.
Markets sentiment remained dampened as the US monetary policy tightening was likely to result in volatility in capital flows to emerging markets such as Asia’s third biggest economy.
On the global front, most of the major Asian markets were trading in the red on fresh worries over a near-term US rate hike as the Federal Reserve Bank of San Francisco President John Williams stressed that the world’s biggest economy is strong enough to warrant a rise in interest rates soon.
19/08/2016 11:34
NIFTY Fut : Trend : SELL ZONE
Click Here & Register To Get 2 days Trial Tips
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Tracking weak cues from fellow Asian peers on renewed worries over the US interest rate hike in the near-term, Indian equity benchmarks were trading in the negative territory during the late morning deals on Friday led by selling pressure mainly in the Teck and IT sector stocks.
At 11:09 hours, the 30-share barometer index of Bombay Stock Exchange, Sensex was at 28,100.37, down by 23.07 points or 0.08 per cent while the NSE Nifty was at 8,671.55, down by 1.7 points or 0.02 per cent.
Markets sentiment remained dampened as the US monetary policy tightening was likely to result in volatility in capital flows to emerging markets such as Asia’s third biggest economy.
On the global front, most of the major Asian markets were trading in the red on fresh worries over a near-term US rate hike as the Federal Reserve Bank of San Francisco President John Williams stressed that the world’s biggest economy is strong enough to warrant a rise in interest rates soon.
