Markets remain firm; Realty, FMCG stocks lead
25/08/2016 11:32
NIFTY Fut TREND : BUY ZONE
BANKNIFTY Fut : BUY ZONE
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At 11:10 hours, the 30-share barometer index of Bombay Stock Exchange, Sensex was at 28,129.39, up by 69.45 points or 0.25 per cent while the NSE Nifty was at 8,674.95, up by 24.65 points or 0.28 per cent.
Buying momentum was witnessed mainly in the realty, healthcare and FMCG sector stocks. However, selling in IT shares restricted gains.
Meanwhile, volatility remain high at the local bourses as traders roll over their positions amid the August Futures & Options (F&O) contract expiry.
On the global front, major Asian markets were trading mixed ahead of Yellen’s speech on Friday which may offer more clues over when the Fed plans to raise interest rates next.
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25/08/2016 11:32
NIFTY Fut TREND : BUY ZONE
BANKNIFTY Fut : BUY ZONE
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Indian equity benchmarks continued to trade in the positive terrain during the late morning deals on Thursday as participants were covering-up short positions as today being the last day of the August derivative series amid mixed cues from fellow Asian peers.At 11:10 hours, the 30-share barometer index of Bombay Stock Exchange, Sensex was at 28,129.39, up by 69.45 points or 0.25 per cent while the NSE Nifty was at 8,674.95, up by 24.65 points or 0.28 per cent.
Buying momentum was witnessed mainly in the realty, healthcare and FMCG sector stocks. However, selling in IT shares restricted gains.
Meanwhile, volatility remain high at the local bourses as traders roll over their positions amid the August Futures & Options (F&O) contract expiry.
On the global front, major Asian markets were trading mixed ahead of Yellen’s speech on Friday which may offer more clues over when the Fed plans to raise interest rates next.
Powered by : Dion Global Solutions Ltd.
