Bears continue to dominate D-Street; capital goods, oil&gas weigh
23/08/2016 13:29
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At 1:03 hours, the 30-share barometer index of Bombay Stock Exchange, Sensex was at 27,947.88, down by 37.66 points or 0.13 per cent while the NSE Nifty was at 8,620.5, down by 8.65 points or 0.1 per cent.
Investors keenly awaited the US Federal Reserve Chair Janet Yellen's speech on Friday to assess the odds of an interest rate hike in near term.
Meanwhile, caution prevailed ahead of the August Futures & Options (F&O) contract expiry on Thursday.
Markets saw selling pressure mainly in the capital goods and oil & gas sector stocks.
On the global front, Asian markets mixed led by decline in energy producers on weakness in crude prices while traders weighed the prospects of a US rate hike this year.
23/08/2016 13:29
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NIFTY FUT TREND : SELL ZONE
Indian equity benchmarks continued to trade in a negative territory during the afternoon session on Tuesday as participants remained cautious on whether the US Federal Reserve would raise US interest rates this year or not.At 1:03 hours, the 30-share barometer index of Bombay Stock Exchange, Sensex was at 27,947.88, down by 37.66 points or 0.13 per cent while the NSE Nifty was at 8,620.5, down by 8.65 points or 0.1 per cent.
Investors keenly awaited the US Federal Reserve Chair Janet Yellen's speech on Friday to assess the odds of an interest rate hike in near term.
Meanwhile, caution prevailed ahead of the August Futures & Options (F&O) contract expiry on Thursday.
Markets saw selling pressure mainly in the capital goods and oil & gas sector stocks.
On the global front, Asian markets mixed led by decline in energy producers on weakness in crude prices while traders weighed the prospects of a US rate hike this year.
