Sensex, Nifty remain sluggish; Axis Bank, NTPC decline 15/09/2016 14:21

Sensex, Nifty remain sluggish; Axis Bank, NTPC decline
15/09/2016 14:21
NIFTY Fut               : SELL ZONE
BANKNIFTY FUT : SELL ZONE


 Click Here  & Register To Get 2 days Trial Tips
Free Intraday Tips : Join Our Whatsapp No : 9841986753
The key domestic benchmark indices continued to hover in red during the late noon trading session amid selling pressure in index heavyweights as investors and foreign funds were adopting a cautious approach.

At 14:10 hours, the 30-share benchmark index was trading at 28350.02 down by 22.21 points or by 0.08 per cent, while the NSE Nifty was at 8720.55 down by 6.05 points or by 0.07 per cent.

In the choppy trade so-far, Sensex touched intraday high of 28432.74 and intraday low of 28311.11 The NSE Nifty touched intraday high of 8749.2 and intraday low of 8704.35.

Gains also remained capped with reports that in September, rainfall fell 15 per cent below average, which could mean the season will end up in deficit. Trades remained cautious with the report that foreign portfolio investors (FPIs) sold shares worth a net Rs 477 crore on September 14, 2016.

On the global front, Asian peers ended the day on a mixed note, while European counters were also trading mixed.



DISCLAIMER

The suggestions made herein are for information purposes and are not recommendations to any person to buy or sell any securities. The information is derived from various sources that are deemed to be reliable but its accuracy and completeness are not guaranteed.Our blog does not accept any liability for the use of this column. Readers of this column who buy or sell securities based on the information in this column are solely responsible for their actions. And we won't be liable or responsible for any legal or financial losses made by anyone .Any surfing and reading of the information available in this blog is the acceptance of this disclaimer.