Profit-booking grips D-Street; July IIP data eyed
09/09/2016 11:30
NIFTY Fut : SELL ZONE
BANKNIFTY FUT : SELL ZONE
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At 11:03 hours, the 30-share barometer index of Bombay Stock Exchange, Sensex was at 28,821.08, down by 224.2 points or 0.77 per cent while the NSE Nifty was at 8,881.4, down by 71.1 points or 0.79 per cent.
Further, markets saw selling pressure mainly in the banking, metal, auto and FMCG sector stocks.
On the global front, most Asian stocks were trading mixed as the ECB downplayed the prospect of a boost in asset purchases even in the wake of heightened uncertainty surrounding the Euro area economy which could be severely hit by Britain’s exit from the EU.
09/09/2016 11:30
NIFTY Fut : SELL ZONE
BANKNIFTY FUT : SELL ZONE
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Indian equity benchmarks extended losses during the late morning deals on Friday led by profit booking by participants ahead of the July IIP data due to be released today. Also, mixed cues from fellow Asian peers, too influenced sentiment at D-Street.At 11:03 hours, the 30-share barometer index of Bombay Stock Exchange, Sensex was at 28,821.08, down by 224.2 points or 0.77 per cent while the NSE Nifty was at 8,881.4, down by 71.1 points or 0.79 per cent.
Further, markets saw selling pressure mainly in the banking, metal, auto and FMCG sector stocks.
On the global front, most Asian stocks were trading mixed as the ECB downplayed the prospect of a boost in asset purchases even in the wake of heightened uncertainty surrounding the Euro area economy which could be severely hit by Britain’s exit from the EU.
