Post Session: Bloodbath continues at D-St; Sensex ends 514 pts lower : 15/11/2016 16:28
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
The key domestic benchmark indices continued losing streak on Tuesday amid sustained foreign fund outflows coupled with weakening trend globally as investors remained wary over short-term concerns. Realty sector emerged as top laggard after PM Modi announcement to take action against ‘benami’ property holders, dented the prospect of growth in real estate sector.
The 30-share benchmark index closed trading at 26304.63, down by 514.19 points or by 1.92 per cent, and the NSE Nifty ended at 8108.45, down by 187.85 points or by 2.26 per cent.
In a bit of ease to market, wholesale inflation eased to 3.39 per cent in October as food articles, led by vegetables, witnessed softening of price.
During the day’s trade, the BSE Sensex touched intraday high of 26809.61 and intraday low of 26253.63, while the NSE Nifty touched intraday high of 8288.55 and intraday low of 8093.2.
In line with benchmark indices, the broader market also ended bleeding in red with the BSE MIDCAP closing at 11977.02, down by 487 points or by 3.91 per cent, while the BSE SMLCAP ended at 11902.01, down by 583.06 points or by 4.67 per cent.
The top losers of the BSE Sensex pack were Tata Motors Ltd. (Rs. 457.25,-9.88%), Tata Steel Ltd. (Rs. 393.55,-7.80%), Asian Paints Ltd. (Rs. 892.20,-7.41%), Maruti Suzuki India Ltd. (Rs. 4842.70,-5.71%), Axis Bank Ltd. (Rs. 479.15,-3.86%), among others.
On the flip side, State Bank of India (Rs. 278.10,+1.91%), Dr. Reddy's Laboratories Ltd. (Rs. 3310.20,+1.52%), Wipro Ltd. (Rs. 447.00,+1.27%), Oil And Natural Gas Corporation Ltd. (Rs. 275.80,+0.90%), Tata Consultancy Services Ltd. (Rs. 2122.10,+0.81%), were among top gainers on BSE.
On the sectoral front, all the indices ended bleeding in red, barring IT stocks, while realty and auto stocks emerged as top losers, falling as much as 5.13 per cent and 5.07 per cent respectively.
The market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 2991, shares advanced were 417 while 2445 shares declined and 129 were unchanged.
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
Free Intraday Tips : Join Our Whatsapp No : 9841986753
The 30-share benchmark index closed trading at 26304.63, down by 514.19 points or by 1.92 per cent, and the NSE Nifty ended at 8108.45, down by 187.85 points or by 2.26 per cent.
In a bit of ease to market, wholesale inflation eased to 3.39 per cent in October as food articles, led by vegetables, witnessed softening of price.
During the day’s trade, the BSE Sensex touched intraday high of 26809.61 and intraday low of 26253.63, while the NSE Nifty touched intraday high of 8288.55 and intraday low of 8093.2.
In line with benchmark indices, the broader market also ended bleeding in red with the BSE MIDCAP closing at 11977.02, down by 487 points or by 3.91 per cent, while the BSE SMLCAP ended at 11902.01, down by 583.06 points or by 4.67 per cent.
The top losers of the BSE Sensex pack were Tata Motors Ltd. (Rs. 457.25,-9.88%), Tata Steel Ltd. (Rs. 393.55,-7.80%), Asian Paints Ltd. (Rs. 892.20,-7.41%), Maruti Suzuki India Ltd. (Rs. 4842.70,-5.71%), Axis Bank Ltd. (Rs. 479.15,-3.86%), among others.
On the flip side, State Bank of India (Rs. 278.10,+1.91%), Dr. Reddy's Laboratories Ltd. (Rs. 3310.20,+1.52%), Wipro Ltd. (Rs. 447.00,+1.27%), Oil And Natural Gas Corporation Ltd. (Rs. 275.80,+0.90%), Tata Consultancy Services Ltd. (Rs. 2122.10,+0.81%), were among top gainers on BSE.
On the sectoral front, all the indices ended bleeding in red, barring IT stocks, while realty and auto stocks emerged as top losers, falling as much as 5.13 per cent and 5.07 per cent respectively.
The market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 2991, shares advanced were 417 while 2445 shares declined and 129 were unchanged.
