Mid-Session: Sensex, Nifty stay on firm footing; Wipro zooms 7% post Q1
21/07/2017
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
The Indian benchmark indices continued to trade higher in late morning deal on Friday, albeit paring most of early gains, led by gains in index heavyweights such as Wipro, Reliance Industries, Coal India, Tata Consultancy Services and Infosys. Wipro jumped nearly 7 per cent after IT major reported better-than-expected earnings and announced to buyback equity shares worth Rs 11,000 crore. Mukesh Ambani-led RIL rose 2 per cent after the company reported net profit of Rs 9,108 crore for the June 2017 quarter, up 28 per cent from the corresponding period last year.
At 12:15 hours, the 30-share benchmark index was trading at 31956.05, up by 51.65 points or by 0.16 per cent, and the NSE Nifty was at 9888, up by 14.7 points or by 0.15 per cent.
In the day’s trade so-far, Sensex touched intraday high of 32062.23 and intraday low of 31931.34, while the NSE Nifty touched intraday high of 9919.85 and intraday low of 9878.8.
The top gainers of the BSE Sensex pack were Wipro Ltd. (Rs. 287.70,+6.95%), Reliance Industries Ltd. (Rs. 1559.00,+1.98%), Coal India Ltd. (Rs. 260.50,+1.98%), Tata Consultancy Services Ltd. (Rs. 2473.05,+1.14%), Infosys Ltd. (Rs. 978.05,+0.93%), among others.
On the flip side, Bharti Airtel Ltd. (Rs. 405.25,-3.45%), Lupin Ltd. (Rs. 1138.25,-2.38%), Cipla Ltd. (Rs. 562.20,-1.64%), Power Grid Corporation of India Ltd. (Rs. 216.40,-1.16%), Axis Bank Ltd. (Rs. 534.50,-1.07%), were among top gainers on BSE.
On the sectoral front, IT and Teck stocks emerged as top gainers on BSE, adding as much as 1.42 per cent and 0.77 per cent respectively.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 2629, shares advanced were 1338 while 1152 shares declined and 139 were unchanged.
21/07/2017
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
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The Indian benchmark indices continued to trade higher in late morning deal on Friday, albeit paring most of early gains, led by gains in index heavyweights such as Wipro, Reliance Industries, Coal India, Tata Consultancy Services and Infosys. Wipro jumped nearly 7 per cent after IT major reported better-than-expected earnings and announced to buyback equity shares worth Rs 11,000 crore. Mukesh Ambani-led RIL rose 2 per cent after the company reported net profit of Rs 9,108 crore for the June 2017 quarter, up 28 per cent from the corresponding period last year.
At 12:15 hours, the 30-share benchmark index was trading at 31956.05, up by 51.65 points or by 0.16 per cent, and the NSE Nifty was at 9888, up by 14.7 points or by 0.15 per cent.
In the day’s trade so-far, Sensex touched intraday high of 32062.23 and intraday low of 31931.34, while the NSE Nifty touched intraday high of 9919.85 and intraday low of 9878.8.
The top gainers of the BSE Sensex pack were Wipro Ltd. (Rs. 287.70,+6.95%), Reliance Industries Ltd. (Rs. 1559.00,+1.98%), Coal India Ltd. (Rs. 260.50,+1.98%), Tata Consultancy Services Ltd. (Rs. 2473.05,+1.14%), Infosys Ltd. (Rs. 978.05,+0.93%), among others.
On the flip side, Bharti Airtel Ltd. (Rs. 405.25,-3.45%), Lupin Ltd. (Rs. 1138.25,-2.38%), Cipla Ltd. (Rs. 562.20,-1.64%), Power Grid Corporation of India Ltd. (Rs. 216.40,-1.16%), Axis Bank Ltd. (Rs. 534.50,-1.07%), were among top gainers on BSE.
On the sectoral front, IT and Teck stocks emerged as top gainers on BSE, adding as much as 1.42 per cent and 0.77 per cent respectively.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 2629, shares advanced were 1338 while 1152 shares declined and 139 were unchanged.
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Free Commodity Tips : Join our Whatsapp No : 9094047040
