Sensex sinks 100 pts on profit booking; Nifty holds 8,650:19/10/2016 13:20

Sensex sinks 100 pts on profit booking; Nifty holds 8,650:19/10/2016 13:20

NIFTY FUT  TREND             : BUY ZONE
BANKNIFTY FUT  TREND  : BUY ZONE


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The Indian equities extended day’s loss, led by selling across FMCG, auto, realty and bank stocks, as investors continued to book profit after a strong rally in last trading session, undermining firm cues from Asian peers.

At 1:15 hours, the 30-share barometer index of Bombay Stock Exchange, Sensex was at 27951.35, down by 99.53 points or by 0.35 per cent, and the NSE Nifty was at 8651.55, down by 26.35 points or by 0.3 per cent.

In the day’s trade so far, the BSE Sensex touched intraday high of 28131.07 and intraday low of 27936.8, while the NSE Nifty touched intraday high of 8698.75 and intraday low of 8642.65.

The top losers of the BSE Sensex pack were ITC Ltd. (Rs. 240.25,-2.26%), ICICI Bank Ltd. (Rs. 264.80,-2.07%), Hero MotoCorp Ltd. (Rs. 3370.65,-1.17%), Tata Motors Ltd. (Rs. 547.50,-1.09%), Tata Consultancy Services Ltd. (Rs. 2380.00,-0.76%), among others.

Meanwhile, Wipro Ltd. (Rs. 491.55,+2.12%), Lupin Ltd. (Rs. 1509.95,+1.90%), GAIL (India) Ltd. (Rs. 436.40,+1.62%), Sun Pharmaceutical Industries Ltd. (Rs. 754.50,+1.42%), Power Grid Corporation of India Ltd. (Rs. 178.20,+1.05%), were among top gainers on BSE.

On the sectoral front, FMCG and realty stocks were leading the decline, falling as much as 0.85 per cent and 0.84 per cent respectively.

The market breadth, indicating the overall strength of the market, was strong. On BSE out of total shares traded 2886, shares advanced were 1529 while 1161 shares declined and 196 were unchanged.