Mid-Session: Sensex, Nifty extend rally; IT, Teck stocks up 1%
22/06/2017
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
The Indian equities extended rally in the late morning deal on Thursday, tracking firm cues from Asian peers, supported by gains in index heavyweights, Sun Pharma, SBI, Reliance Industries, Infosys and HDFC Group stocks. The investors also cheered the RBI policy minutes which revealed that it was for the first time that the decision of the monetary policy committee was not unanimous as Ravindra Dholakia had pitched for a 50 basis point cut in the repo rate, saying several noteworthy developments recently on prices and output fronts warrant a decisive policy action.
At 12:20 hours, the 30-share barometer Sensex was at 31475.94, up by 192.3 points or by 0.61 per cent, and the NSE Nifty was at 9693.5, up by 59.9 points or by 0.62 per cent. In the day’s trade so far, the BSE Sensex touched intra-day high of 31522.87 and intraday low of 31336.96, while the NSE Nifty touched intraday high of 9698.85 and intraday low of 9642.35. The top gainers of the BSE Sensex pack were Sun Pharmaceutical Industries Ltd. (Rs. 538.05,+1.90%), Infosys Ltd. (Rs. 961.65,+1.88%), Housing Development Finance Corporation Ltd. (Rs. 1655.00,+1.70%), Reliance Industries Ltd. (Rs. 1437.75,+1.39%), State Bank of India (Rs. 293.60,+1.17%), among others.
On the flip side, Lupin Ltd. (Rs. 1070.05,-2.21%), Hindustan Unilever Ltd. (Rs. 1102.25,-1.91%), Oil And Natural Gas Corporation Ltd. (Rs. 162.55,-1.57%), Coal India Ltd. (Rs. 248.95,-0.72%), Dr. Reddy's Laboratories Ltd. (Rs. 2669.00,-0.57%), were among the top losers on BSE. On the sectoral front, IT and Teck stocks emerged as top gainers, adding as much as 0.91 per cent and 0.87 per cent respectively. The market breadth, indicating the overall strength of the market, was strong. On BSE out of total shares traded 2660, shares advanced were 1503 while 1018 shares declined and 139 were unchanged.
22/06/2017
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
The Indian equities extended rally in the late morning deal on Thursday, tracking firm cues from Asian peers, supported by gains in index heavyweights, Sun Pharma, SBI, Reliance Industries, Infosys and HDFC Group stocks. The investors also cheered the RBI policy minutes which revealed that it was for the first time that the decision of the monetary policy committee was not unanimous as Ravindra Dholakia had pitched for a 50 basis point cut in the repo rate, saying several noteworthy developments recently on prices and output fronts warrant a decisive policy action.
At 12:20 hours, the 30-share barometer Sensex was at 31475.94, up by 192.3 points or by 0.61 per cent, and the NSE Nifty was at 9693.5, up by 59.9 points or by 0.62 per cent. In the day’s trade so far, the BSE Sensex touched intra-day high of 31522.87 and intraday low of 31336.96, while the NSE Nifty touched intraday high of 9698.85 and intraday low of 9642.35. The top gainers of the BSE Sensex pack were Sun Pharmaceutical Industries Ltd. (Rs. 538.05,+1.90%), Infosys Ltd. (Rs. 961.65,+1.88%), Housing Development Finance Corporation Ltd. (Rs. 1655.00,+1.70%), Reliance Industries Ltd. (Rs. 1437.75,+1.39%), State Bank of India (Rs. 293.60,+1.17%), among others.
On the flip side, Lupin Ltd. (Rs. 1070.05,-2.21%), Hindustan Unilever Ltd. (Rs. 1102.25,-1.91%), Oil And Natural Gas Corporation Ltd. (Rs. 162.55,-1.57%), Coal India Ltd. (Rs. 248.95,-0.72%), Dr. Reddy's Laboratories Ltd. (Rs. 2669.00,-0.57%), were among the top losers on BSE. On the sectoral front, IT and Teck stocks emerged as top gainers, adding as much as 0.91 per cent and 0.87 per cent respectively. The market breadth, indicating the overall strength of the market, was strong. On BSE out of total shares traded 2660, shares advanced were 1503 while 1018 shares declined and 139 were unchanged.
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
