Subdued trade continues at D-Street; bank, power stocks weigh
15/09/2016 13:36
NIFTY Fut : SELL ZONE
BANKNIFTY FUT : SELL ZONE
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At 1:03 hours, the 30-share barometer index of Bombay Stock Exchange, Sensex was at 28,340.32, down by 31.91 points or 0.11 per cent while the NSE Nifty was at 8,714.9, down by 11.7 points or 0.13 per cent.
Further, reduced prospects of central bank monetary stimulus from key developed economies coupled with uncertainty surrounding the exact timing of a US interest rate hike continue to keep sentiment choppy at Dalal Street and lead to volatility in capital flows to Asia’s third biggest economy.
Markets saw selling pressure mainly in the banking and power sector stocks.
On the global front, Asian markets were mixed as caution ruled sentiment ahead of upcoming central bank meetings next week.
15/09/2016 13:36
NIFTY Fut : SELL ZONE
BANKNIFTY FUT : SELL ZONE
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Indian equity benchmarks were trading in a negative territory during the afternoon session on Thursday tracking mixed cues from fellow Asian peers as traders remained on the sidelines ahead of the key central bank meetings in Japan and the US next week.At 1:03 hours, the 30-share barometer index of Bombay Stock Exchange, Sensex was at 28,340.32, down by 31.91 points or 0.11 per cent while the NSE Nifty was at 8,714.9, down by 11.7 points or 0.13 per cent.
Further, reduced prospects of central bank monetary stimulus from key developed economies coupled with uncertainty surrounding the exact timing of a US interest rate hike continue to keep sentiment choppy at Dalal Street and lead to volatility in capital flows to Asia’s third biggest economy.
Markets saw selling pressure mainly in the banking and power sector stocks.
On the global front, Asian markets were mixed as caution ruled sentiment ahead of upcoming central bank meetings next week.
