Mid- Session: Sensex, Nifty subdued; Power stocks fall
02/05/2017
The top losers of the BSE Sensex pack were Lupin Ltd. (Rs. 1313.00,-1.85%), Tata Motors Ltd. (Rs. 450.40,-1.62%), Bharti Airtel Ltd. (Rs. 349.00,-1.58%), Reliance Industries Ltd. (Rs. 1376.95,-1.28%), Sun Pharmaceutical Industries Ltd. (Rs. 634.50,-1.25%), among others. However, some buying was seen in Oil And Natural Gas Corporation Ltd. (Rs. 192.85,+3.52%), Maruti Suzuki India Ltd. (Rs. 6680.00,+2.37%), Housing Development Finance Corporation Ltd. (Rs. 1566.20,+1.90%), Adani Ports & Special Economic Zone Ltd. (Rs. 331.65,+1.45%), Hero MotoCorp Ltd. (Rs. 3353.00,+1.28%), among others.
Among the sectors, Power index was at 2315.5 down by -14.25 points or by -0.61%. JSW Energy Ltd. (Rs. 62.75,-6.41%), Adani Power Ltd. (Rs. 32.50,-1.37%), Reliance Power Ltd. (Rs. 48.30,-1.33%), NTPC Ltd. (Rs. 162.45,-1.19%), Power Grid Corporation of India Ltd. (Rs. 205.15,-1.18%),. On the flip side, Realty index was at 1960.57 up by 36.65 points or by 1.9%. Sobha Ltd. (Rs. 398.65,+7.26%), Godrej Industries Ltd. (Rs. 494.00,+6.47%), Indiabulls Real Estate Ltd. (Rs. 154.70,+3.31%), Prestige Estates Projects Ltd. (Rs. 242.85,+3.06%), DLF Ltd. (Rs. 189.35,+1.80%),. The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 2904 , shares advanced were 1249 while 1490 shares declined and 165 were unchanged.
02/05/2017
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
The key domestic benchmark indices pared all the early gains and slipped into negative territory during the noon trading session as earnings reaction weighed on the market sentiments. At 12:30 hours, the 30-share benchmark index was trading at 29908.09 down by 10.31 points or by 0.03 per cent, while the NSE Nifty was at 9300.3 down by 3.75 points or by 0.04 per cent. In the volatile trade so-far, Sensex touched an intraday high of 30069.24 and an intraday low of 29804.12, while the NSE Nifty touched intraday high of 9352.55 and intraday low of 9269.9. Investors failed to take cues from Manufacturing PMI which showed that manufacturing conditions in India improved for the fourth straight month in April, Nikkei IHS Markit said. The upturn was signalled by the headline Nikkei India Manufacturing Purchasing Managers' Index matching March's reading of 52.5. Slower increases in output, stocks of purchases and employment were offset by stronger growth of new orders and lengthening delivery times.BANKNIFTY FUT TREND : SELL ZONE
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
The top losers of the BSE Sensex pack were Lupin Ltd. (Rs. 1313.00,-1.85%), Tata Motors Ltd. (Rs. 450.40,-1.62%), Bharti Airtel Ltd. (Rs. 349.00,-1.58%), Reliance Industries Ltd. (Rs. 1376.95,-1.28%), Sun Pharmaceutical Industries Ltd. (Rs. 634.50,-1.25%), among others. However, some buying was seen in Oil And Natural Gas Corporation Ltd. (Rs. 192.85,+3.52%), Maruti Suzuki India Ltd. (Rs. 6680.00,+2.37%), Housing Development Finance Corporation Ltd. (Rs. 1566.20,+1.90%), Adani Ports & Special Economic Zone Ltd. (Rs. 331.65,+1.45%), Hero MotoCorp Ltd. (Rs. 3353.00,+1.28%), among others.
Among the sectors, Power index was at 2315.5 down by -14.25 points or by -0.61%. JSW Energy Ltd. (Rs. 62.75,-6.41%), Adani Power Ltd. (Rs. 32.50,-1.37%), Reliance Power Ltd. (Rs. 48.30,-1.33%), NTPC Ltd. (Rs. 162.45,-1.19%), Power Grid Corporation of India Ltd. (Rs. 205.15,-1.18%),. On the flip side, Realty index was at 1960.57 up by 36.65 points or by 1.9%. Sobha Ltd. (Rs. 398.65,+7.26%), Godrej Industries Ltd. (Rs. 494.00,+6.47%), Indiabulls Real Estate Ltd. (Rs. 154.70,+3.31%), Prestige Estates Projects Ltd. (Rs. 242.85,+3.06%), DLF Ltd. (Rs. 189.35,+1.80%),. The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 2904 , shares advanced were 1249 while 1490 shares declined and 165 were unchanged.
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
