Mid-Session: Sensex, Nifty slip in red on weak global cues; Axis Bank down 2%
15/09/2016 12:28
NIFTY Fut : SELL ZONE
BANKNIFTY FUT : SELL ZONE
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At 12:25 PM, the Bombay Stock Exchange bellwether Sensex was at 28,343.03, down by 29.20 points or by 0.10 per cent and the NSE Nifty was at 8,712.35, down by 14.25 points or by 0.16 per cent.
On the corporate front, shares of Bayer Cropscience jumped over 6 per cent, hitting 52-week high, on the Bombay Stock Exchange after German chemical and pharma giant Bayer AG and global biotech major Monsanto signed a definitive merger agreement in an all-cash transaction.
Among others, Ashok Leyland tumbled nearly 5 per cent in intra-day on the Bombay Stock Exchange after the company announced merger with Hinduja Foundries.
On the global front, Asian stocks were trading mostly lower, barring Hang Seng, as cautioned ruled sentiment ahead of upcoming central bank meetings next week. Shanghai Composite was closed today, Hang Seng logged modest gains while Japan’s Nikkei 225 sank over 1 per cent as a stronger yen curbed the lure for exporter stocks.
15/09/2016 12:28
NIFTY Fut : SELL ZONE
BANKNIFTY FUT : SELL ZONE
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The key domestic benchmark indices slipped in negative terrain in late morning deal on Thursday as selling intensified across financial, PSU, metal and infra shares. The market sentiments were further dented by weakness across markets in Asia and a soft finish at Wall Street overnight as traders worldwide stick to a cautious approach ahead of key central bank meetings in Japan and the US next week while a slide in oil prices raised worries over the health of the world economy.At 12:25 PM, the Bombay Stock Exchange bellwether Sensex was at 28,343.03, down by 29.20 points or by 0.10 per cent and the NSE Nifty was at 8,712.35, down by 14.25 points or by 0.16 per cent.
On the corporate front, shares of Bayer Cropscience jumped over 6 per cent, hitting 52-week high, on the Bombay Stock Exchange after German chemical and pharma giant Bayer AG and global biotech major Monsanto signed a definitive merger agreement in an all-cash transaction.
Among others, Ashok Leyland tumbled nearly 5 per cent in intra-day on the Bombay Stock Exchange after the company announced merger with Hinduja Foundries.
On the global front, Asian stocks were trading mostly lower, barring Hang Seng, as cautioned ruled sentiment ahead of upcoming central bank meetings next week. Shanghai Composite was closed today, Hang Seng logged modest gains while Japan’s Nikkei 225 sank over 1 per cent as a stronger yen curbed the lure for exporter stocks.
