Markets turns choppy; TECK, IT weigh 25/08/2016 14:17

Markets turns choppy; TECK, IT weigh
25/08/2016 14:17
NIFTY Fut TREND : SELL ZONE
BANKNIFTY Fut   : SELL ZONE


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The key domestic benchmark indices slipped into negative territory during the late noon trading session on profit booking in IT majors.

The 30-share benchmark index was trading at 28000.9 down by 59.04 points or by 0.21 per cent, while the NSE Nifty was at 8638.7 down by 11.6 points or by 0.13 per cent.

Investors remained cautious ahead of August F&O expiry later today. Besides, market participants across the globe are keenly awaiting signals on key policy rates from US Federal Reserve Chair Janet Yellen at the Kansas City Fed's annual Monetary Policy Symposium in Jackson Hole, Wyoming.

Among the sectors, TECK and IT were witnessing selling pressure, declining 0.96 per cent and 0.93 per cent respectively.

On the global front, Asian peers ended the day on a mixed note, while European counters were hovering in red.