Positive trade continues at D-Street; Healthcare, IT support 27/09/2016 11:36

Positive trade continues at D-Street; Healthcare, IT support
27/09/2016 11:36

NIFTY Fut               : SELL ZONE
BANKNIFTY FUT : SELL ZONE



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Shrugging off tepid global cues amidst the ongoing first debate between Hillary Clinton and Donald Trump in the tightening US presidential campaign, Indian equity benchmarks continued to trade in the positive terrain during the late morning deals on Tuesday amid increased buying by investors.

At 11:06 hours, the 30-share barometer index of Bombay Stock Exchange, Sensex was at 28,343.52, up by 49.24 points or 0.17 per cent while the NSE Nifty was at 8,745.6, up by 22.55 points or 0.26 per cent.

Buying momentum was witnessed mainly in the healthcare and IT sector stocks.

Meanwhile, volatility remained high at the domestic bourses as traders roll over their positions ahead of the September futures & options (F&O) contracts expiry on Thursday.

On the global front, Asian markets were trading mixed as Clinton and Trump sparred during their first US Presidential debate which was currently underway, with a poll indicating both candidates tied in a head-to-head contest, curbing risk taking appetite. Traders also remained cautious ahead of a meeting of OPEC countries in Algeria tomorrow with Saudi Arabia indicating that a deal to curb output was unlikely.

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