Sensex, Nifty remain sluggish; Axis Bank, NTPC decline
15/09/2016 14:21
NIFTY Fut : SELL ZONE
BANKNIFTY FUT : SELL ZONE
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At 14:10 hours, the 30-share benchmark index was trading at 28350.02 down by 22.21 points or by 0.08 per cent, while the NSE Nifty was at 8720.55 down by 6.05 points or by 0.07 per cent.
In the choppy trade so-far, Sensex touched intraday high of 28432.74 and intraday low of 28311.11 The NSE Nifty touched intraday high of 8749.2 and intraday low of 8704.35.
Gains also remained capped with reports that in September, rainfall fell 15 per cent below average, which could mean the season will end up in deficit. Trades remained cautious with the report that foreign portfolio investors (FPIs) sold shares worth a net Rs 477 crore on September 14, 2016.
On the global front, Asian peers ended the day on a mixed note, while European counters were also trading mixed.
15/09/2016 14:21
NIFTY Fut : SELL ZONE
BANKNIFTY FUT : SELL ZONE
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The key domestic benchmark indices continued to hover in red during the late noon trading session amid selling pressure in index heavyweights as investors and foreign funds were adopting a cautious approach.At 14:10 hours, the 30-share benchmark index was trading at 28350.02 down by 22.21 points or by 0.08 per cent, while the NSE Nifty was at 8720.55 down by 6.05 points or by 0.07 per cent.
In the choppy trade so-far, Sensex touched intraday high of 28432.74 and intraday low of 28311.11 The NSE Nifty touched intraday high of 8749.2 and intraday low of 8704.35.
Gains also remained capped with reports that in September, rainfall fell 15 per cent below average, which could mean the season will end up in deficit. Trades remained cautious with the report that foreign portfolio investors (FPIs) sold shares worth a net Rs 477 crore on September 14, 2016.
On the global front, Asian peers ended the day on a mixed note, while European counters were also trading mixed.