Subdued trade continues at D-Street; capital goods, oil & gas drag
23/08/2016 11:38
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At 11:17 hours, the 30-share barometer index of Bombay Stock Exchange, Sensex was at 27,959.89, down by 25.65 points or 0.09 per cent while the NSE Nifty was at 8,625.5, down by 3.65 points or 0.04 per cent.
Caution prevailed as investors are seeking more clarity from the Fed over its outlook for further tightening of borrowing costs in the world’s biggest economy.
Meanwhile, traders roll over their positions due to the August Futures & Options (F&O) contract expiry on Thursday.
On the global front, Asian markets were trading mixed led by decline in energy producers on weakness in crude prices while traders weighed the prospects of a US rate hike this year.
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23/08/2016 11:38
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NIFTY FUT TREND : SELL ZONE
Tracking mostly bearish trend across fellow Asian peers followed by a lacklustre lead from the US markets and a decline in crude oil prices, Indian equity benchmarks continued to trade in a narrow range during the late morning deals on Tuesday led by selling pressure mainly in the capital goods and oil & gas sector stocks.At 11:17 hours, the 30-share barometer index of Bombay Stock Exchange, Sensex was at 27,959.89, down by 25.65 points or 0.09 per cent while the NSE Nifty was at 8,625.5, down by 3.65 points or 0.04 per cent.
Caution prevailed as investors are seeking more clarity from the Fed over its outlook for further tightening of borrowing costs in the world’s biggest economy.
Meanwhile, traders roll over their positions due to the August Futures & Options (F&O) contract expiry on Thursday.
On the global front, Asian markets were trading mixed led by decline in energy producers on weakness in crude prices while traders weighed the prospects of a US rate hike this year.
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