Sensex, Nifty continue to be under pressure
22/08/2016 14:27
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The key domestic benchmark indices continued to trade under pressure during the late noon trading session with IT majors leading the decline.
At 14:20 hours, the 30-share benchmark index was trading at 28004.07 down by 72.93 points or by 0.26 per cent, while the NSE Nifty was at 8637.5 down by 29.4 points or by 0.34 per cent.
Further, weakness in Indian rupee too dampened sentiment. The rupee was trading weak at 67.19 against the dollar, down by 13 paise, as the dollar bounced back in the wake of hawkish comments from a Federal Reserve official boosting the likelihood of a U.S. interest rate hike this year.
Among the sectors, IT and TECK were among the major losers, declining 1.23 per cent and 1 per cent respectively. The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 2926, shares advanced were 1325 while 1396 shares declined and 205 were unchanged.
On the global front, Asian peers ended the day on a mixed note, while European counters were trading firm.
22/08/2016 14:27
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NIFTY FUT TREND : BUY ZONE
At 14:20 hours, the 30-share benchmark index was trading at 28004.07 down by 72.93 points or by 0.26 per cent, while the NSE Nifty was at 8637.5 down by 29.4 points or by 0.34 per cent.
Further, weakness in Indian rupee too dampened sentiment. The rupee was trading weak at 67.19 against the dollar, down by 13 paise, as the dollar bounced back in the wake of hawkish comments from a Federal Reserve official boosting the likelihood of a U.S. interest rate hike this year.
Among the sectors, IT and TECK were among the major losers, declining 1.23 per cent and 1 per cent respectively. The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 2926, shares advanced were 1325 while 1396 shares declined and 205 were unchanged.
On the global front, Asian peers ended the day on a mixed note, while European counters were trading firm.
