Sensex holds 28K level; Nifty trades above 8,660 25/08/2016 13:16

Sensex holds 28K level; Nifty trades above 8,660
25/08/2016 13:16
NIFTY Fut TREND : SELL ZONE
BANKNIFTY Fut   : SELL ZONE


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The Indian equities were trading flat, paring early gains, in afternoon session of day’s trade on Thursday on the day of the expiry of the August derivative contracts, tracking muted cues from Asian peers. The caution prevailed in market as investors across the globe awaited Fed Chair Janet Yellen’s speech on Friday at Jackson Hole, in which she may offer some cues over the timing of the next US interest rate hike, curbing risk taking appetite.

At 1:10 PM, the Bombay Stock Exchange bellwether Sensex was at 28072.43, up by 12.49 points or by 0.04 per cent and the NSE Nifty was at 8661.5, up by 11.2 points or by 0.13 per cent.

On the sectoral front, FMCG and healthcare stocks were among top gainers on BSE, adding as much as 0.79 per cent and 0.47 per cent respectively.

The Market breadth, indicating the overall strength of the market, was strong. On BSE out of total shares traded 2752, shares advanced were 1354 while 1219 shares declined and 179 were unchanged.