Get daily stock tips and news with complete details on this platform. We have experienced research team which analyze share market and provide useful recommendations. For More, Visit Now!
Tuesday, September 4, 2018
Monday, September 3, 2018
Closing Bell: Sharp selloff in the last hour pushes Nifty below 11,600, Sensex ends over 300 points lower
At the close of market hours, the Sensex fell 332.55 points or 0.86% at 38312.52, while the Nifty ended lower by 98.10 points or 0.84% at 11582.40.
It was an anti-climax for the market on Monday, as benchmarks closed nowhere near to the levels they had opened at. In fact, a sharp selloff in the last hour erased all the gains, with the market closing at low points of the day. The Nifty managed to give up 11,600, while the Sensex fell around 300 points.
While FMCG were one of the big laggards through the day, weakness among banks, along with IT, pharmaceuticals, energy, and infrastructure sectors also weighed on the indices. Investors also rushed to sell midcaps, as the Nifty Midcap shed around 0.40 percent, after rising a percent in the morning.
At the close of market hours, the Sensex fell 332.55 points or 0.86% at 38312.52, while the Nifty ended lower by 98.10 points or 0.84% at 11582.40. The market breadth is negative as 1,347 shares advanced, against a decline of 1,409 shares, while 199 shares were unchanged.
Wipro, Adani Ports and Dr Reddy’s were the top gainers, while HUL, Power Grid, and Bajaj Finance lost the most.
If you need more information about the Stock Market:
Visit: http://www.tradeindiaresearch.com
Call On TOLL FREE Number: 9009010900
Whatsapp User Join Our Group: 9300421111
Source: https://www.moneycontrol.com/news/business/markets/closing-bell-sharp-selloff-in-the-last-hour-pushes-nifty-below-11600-sensex-ends-over-300-points-lower-2909171.html
Sensex maintains 100-pt lead, Nifty hovers around 11,700; IT, pharma gain big
Gains in IT, pharma and automobiles have helped the market offset losses in banks on Monday morning, with the Nifty continuing to hold 11,700. The Sensex is up over 100 points. Tech stocks are soaring on the back of a huge upmove on Wipro, which is currently up around 6 percent. The rally is spilling over to other IT stocks as well.
Automobile stocks are also rising as investors are reacting to their monthly sales data for August. Buying counters are also buzzing in the midcaps space, with the Nifty Midcap index extending gains to around half a percent. Other big gainers include Bajaj Auto, and Lupin, while ICICI Bank, Maruti Suzuki and Bajaj Finance have lost the most.
The Sensex is up 127.93 points or 0.33% at 38773.00, while the Nifty is up 29.00 points or 0.25% at 11709.50. The market breadth is positive as 1,115 shares advanced, against a decline of 621 shares, while 100 shares are unchanged.
If you need more information about the Stock Market:
Visit: http://www.tradeindiaresearch.com
Call On TOLL FREE Number: 9009010900
Whatsapp User Join Our Group: 9300421111
Source: https://www.moneycontrol.com/news/business/markets/market-live-sensex-maintains-100-pt-lead-nifty-hovers-around-11700-it-pharma-gain-big-2909171.html
Friday, August 31, 2018
Subscribe to:
Posts (Atom)
Closing Bell: Sensex ends 192 pts lower, Nifty below 11,600 even as RBI cuts rate
Market at close: Benchmark indices ended lower but off day's low after Reserve Bank of India (RBI) slashed repo rate by 25 bps to 6...
-
CLOSING BELL:- SENSEX UP +242.82 @ 35726.29 NIFTY FUTURE UP +61.20 @ 10847.00 BANKNIFTY FUTURE UP +159.00 @ 26636.00 I...
-
The year 2018 was not a golden year for investors in terms of percentage returns. The S&P BSE Sensex rose by about 6 percent while...
-
Himatsingka Seide (HSL), one of India’s largest home textile majors and exporters, draws our attention on account of improving busine...