Sensex, Nifty volatile; IT shares weigh
29/08/2016 14:24
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At 14:19 hours, the 30-share benchmark index was trading at 27808.57 up by 26.32 points or by 0.09 per cent, while the NSE Nifty was at 8577 up by 4.45 points or by 0.05 per cent.
Among the sectors, IT and realty indices was on the seller’s radar, declining 1.05 per cent and 0.98 per cent respectively.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 2810 , shares advanced were 1142 while 1475 shares declined and 193 were unchanged.
On the global front, Asian peers ended the day on a mixed note, while European counters were also trading weak note after comments from Fed Chair Janet Yellen stressed that the case for monetary tightening in the world’s biggest economy had strengthened, curbing the lure for risky assets.
29/08/2016 14:24
NIFTY Fut TREND : BUY ZONE
BANKNIFTY Fut : BUY ZONE
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The key domestic benchmark indices continued to remain choppy during the late noon trading session amid selling pressure in IT stocks and feeble cues from the global peers after Fed Chair Janet Yellen acknowledged a strengthening economy and said that rates could move higher over coming months.At 14:19 hours, the 30-share benchmark index was trading at 27808.57 up by 26.32 points or by 0.09 per cent, while the NSE Nifty was at 8577 up by 4.45 points or by 0.05 per cent.
Among the sectors, IT and realty indices was on the seller’s radar, declining 1.05 per cent and 0.98 per cent respectively.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 2810 , shares advanced were 1142 while 1475 shares declined and 193 were unchanged.
On the global front, Asian peers ended the day on a mixed note, while European counters were also trading weak note after comments from Fed Chair Janet Yellen stressed that the case for monetary tightening in the world’s biggest economy had strengthened, curbing the lure for risky assets.
