Mid-Session: Sensex extends loss, Nifty slips below 9,600; broader markets crack
23/06/2017
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
The Indian equities extended loss in the late morning deal on Friday, tracking weak cues from Asian peers, weighed down by fund outflows by foreign investors, while caution prevailed ahead of the launch of the Goods and Services Tax (GST) due on 1 July. The broader markets witness sharp selling with BSE MIDCAP plunged 1.4 per cent to 14,555.7, while the BSE SMLCAP was at 15332.71, down by 1.77 per cent. On the sectoral front, all the indices, barring IT index, were bleeding in red while realty and PSU stocks emerged as top losers, falling as much as 2.17 per cent and 1.51 per cent respectively. At 12:15 hours, the 30-share barometer Sensex was at 31157.48, down by 133.26 points or by 0.43 per cent, and the NSE Nifty was at 9581.05, down by 48.95 points or by 0.51 per cent.
In the day’s trade so far, the BSE Sensex touched intra-day high of 31365.39 and intraday low of 31128.36, while the NSE Nifty touched intraday high of 9647.65 and intraday low of 9565.3.
The top losers of the BSE Sensex pack were Tata Motors Ltd. (Rs. 443.80,-1.99%), State Bank of India (Rs. 288.90,-1.92%), Tata Steel Ltd. (Rs. 505.50,-1.76%), Oil And Natural Gas Corporation Ltd. (Rs. 157.75,-1.71%), Tata Motors Ltd. (Rs. 277.70,-1.54%), among others.
On the flip side, Wipro Ltd. (Rs. 258.00,+1.32%), Power Grid Corporation of India Ltd. (Rs. 203.95,+1.17%), NTPC Ltd. (Rs. 159.70,+0.50%), Reliance Industries Ltd. (Rs. 1436.75,+0.25%), Infosys Ltd. (Rs. 941.90,+0.17%), were among the top gainers on BSE.
The market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 2616, shares advanced were 495 while 2000 shares declined and 121 were unchanged.
23/06/2017
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
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The Indian equities extended loss in the late morning deal on Friday, tracking weak cues from Asian peers, weighed down by fund outflows by foreign investors, while caution prevailed ahead of the launch of the Goods and Services Tax (GST) due on 1 July. The broader markets witness sharp selling with BSE MIDCAP plunged 1.4 per cent to 14,555.7, while the BSE SMLCAP was at 15332.71, down by 1.77 per cent. On the sectoral front, all the indices, barring IT index, were bleeding in red while realty and PSU stocks emerged as top losers, falling as much as 2.17 per cent and 1.51 per cent respectively. At 12:15 hours, the 30-share barometer Sensex was at 31157.48, down by 133.26 points or by 0.43 per cent, and the NSE Nifty was at 9581.05, down by 48.95 points or by 0.51 per cent.
In the day’s trade so far, the BSE Sensex touched intra-day high of 31365.39 and intraday low of 31128.36, while the NSE Nifty touched intraday high of 9647.65 and intraday low of 9565.3.
The top losers of the BSE Sensex pack were Tata Motors Ltd. (Rs. 443.80,-1.99%), State Bank of India (Rs. 288.90,-1.92%), Tata Steel Ltd. (Rs. 505.50,-1.76%), Oil And Natural Gas Corporation Ltd. (Rs. 157.75,-1.71%), Tata Motors Ltd. (Rs. 277.70,-1.54%), among others.
On the flip side, Wipro Ltd. (Rs. 258.00,+1.32%), Power Grid Corporation of India Ltd. (Rs. 203.95,+1.17%), NTPC Ltd. (Rs. 159.70,+0.50%), Reliance Industries Ltd. (Rs. 1436.75,+0.25%), Infosys Ltd. (Rs. 941.90,+0.17%), were among the top gainers on BSE.
The market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 2616, shares advanced were 495 while 2000 shares declined and 121 were unchanged.
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Free Commodity Tips : Join our Whatsapp No : 9094047040
