Markets trade flat; FMCG, Healthcare stocks support
15/09/2016 11:29
NIFTY Fut : SELL ZONE
BANKNIFTY FUT : SELL ZONE
Click Here & Register To Get 2 days Trial Tips
Tracking mixed cues from fellow Asian peers and a soft finish at Wall Street overnight, Indian equity benchmarks were trading in a narrow range during the late morning deals on Thursday as investors remained cautious ahead of the key central bank meetings in Japan and the US next week and a drop in oil prices raised worries over the health of the world economy.
At 11:06 hours, the 30-share barometer index of Bombay Stock Exchange, Sensex was at 28,379.06, up by 6.83 points or 0.02 per cent while the NSE Nifty was at 8,726.3, down by 0.3 points or 0 per cent.
Meanwhile, rising expectations of an interest rate cut by the RBI in October after consumer inflation dipped to a 5-month low to below the upper tolerance level of the government’s official annual inflation target, in August, continue to offer support to domestic bourses.
Buying momentum was witnessed mainly in the FMCG and healthcare sector stocks.
On the global front, Asian markets were mixed as cautioned ruled sentiment ahead of upcoming central bank meetings next week.
15/09/2016 11:29
NIFTY Fut : SELL ZONE
BANKNIFTY FUT : SELL ZONE
Free Intraday Tips : Join Our Whatsapp No : 9841986753
At 11:06 hours, the 30-share barometer index of Bombay Stock Exchange, Sensex was at 28,379.06, up by 6.83 points or 0.02 per cent while the NSE Nifty was at 8,726.3, down by 0.3 points or 0 per cent.
Meanwhile, rising expectations of an interest rate cut by the RBI in October after consumer inflation dipped to a 5-month low to below the upper tolerance level of the government’s official annual inflation target, in August, continue to offer support to domestic bourses.
Buying momentum was witnessed mainly in the FMCG and healthcare sector stocks.
On the global front, Asian markets were mixed as cautioned ruled sentiment ahead of upcoming central bank meetings next week.
