Post Session: Sensex, Nifty end tad lower on caution ahead of Budget; Idea zooms 25% : 30/01/2017 16:35
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
The 30-share barometer index of Bombay Stock Exchange, Sensex closed at 27849.56, down by 32.9 points or by 0.12 per cent, and the NSE Nifty ended at 8632.75, down by 8.5 points or by 0.1 per cent.
In the day’s trade so far, the BSE Sensex touched intraday high of 27947.37 and intraday low of 27813.32, while the NSE Nifty touched intraday high of 8662.6 and intraday low of 8617.75.
The top losers of the BSE Sensex pack were Tata Motors Ltd. (Rs. 532.50,-2.18%), Tata Steel Ltd. (Rs. 461.95,-1.56%), Oil And Natural Gas Corporation Ltd. (Rs. 201.65,-1.42%), State Bank of India (Rs. 263.00,-1.31%), Hero MotoCorp Ltd. (Rs. 3180.45,-1.11%), among others.
On the flip side, Bharti Airtel Ltd. (Rs. 347.65,+7.48%), Reliance Industries Ltd. (Rs. 1044.15,+1.85%), Sun Pharmaceutical Industries Ltd. (Rs. 644.85,+0.81%), Asian Paints Ltd. (Rs. 975.95,+0.71%), Infosys Ltd. (Rs. 948.35,+0.66%), were among top gainers on BSE.
On the sectoral front, auto and bankex stocks were among top losers, falling as much as 0.88 per cent and 0.76 per cent respectively.
The market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 3125, shares advanced were 1259 while 1628 shares declined and 238 were unchanged.
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
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The key domestic benchmark settled with marginal losses on Monday as investors resorted to profit booking ahead of Budget session which begins tomorrow with the Economic Survey and Union Budget to be presented by the Finance Minister Arun Jaitley on Wednesday. Traders also remained wary about US President Donald Trump’s protectionist policies and uncertainty over GAAR. Mumbai-based telecom operator Idea Cellular continued their gaining streak for the seventh straight session and rallied over 25 per cent after media reports suggested that rival Vodafone India is in merger talks with Idea Cellular.
The 30-share barometer index of Bombay Stock Exchange, Sensex closed at 27849.56, down by 32.9 points or by 0.12 per cent, and the NSE Nifty ended at 8632.75, down by 8.5 points or by 0.1 per cent.
In the day’s trade so far, the BSE Sensex touched intraday high of 27947.37 and intraday low of 27813.32, while the NSE Nifty touched intraday high of 8662.6 and intraday low of 8617.75.
The top losers of the BSE Sensex pack were Tata Motors Ltd. (Rs. 532.50,-2.18%), Tata Steel Ltd. (Rs. 461.95,-1.56%), Oil And Natural Gas Corporation Ltd. (Rs. 201.65,-1.42%), State Bank of India (Rs. 263.00,-1.31%), Hero MotoCorp Ltd. (Rs. 3180.45,-1.11%), among others.
On the flip side, Bharti Airtel Ltd. (Rs. 347.65,+7.48%), Reliance Industries Ltd. (Rs. 1044.15,+1.85%), Sun Pharmaceutical Industries Ltd. (Rs. 644.85,+0.81%), Asian Paints Ltd. (Rs. 975.95,+0.71%), Infosys Ltd. (Rs. 948.35,+0.66%), were among top gainers on BSE.
On the sectoral front, auto and bankex stocks were among top losers, falling as much as 0.88 per cent and 0.76 per cent respectively.
The market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 3125, shares advanced were 1259 while 1628 shares declined and 238 were unchanged.
