Sensex, Nifty volatile; BHEL jumps 15% 07/09/2016 14:24

Sensex, Nifty volatile; BHEL jumps 15%
07/09/2016 14:24
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 remained choppy during the late noon trading session as they continued to hover in negative and positive territory.

At 14:18 hours, the 30-share benchmark index was trading at 29044.24 up by 66.22 points or by 0.23 per cent, while the NSE Nifty was at 8950.3 up by 7.3 points or by 0.08 per cent.

Shares of BHEL jumped 15 percent after it posted better-than-expected June quarter results. Its net profit jumped 54.2 percent to Rs 77.7 crore from Rs 50.4 crore in corresponding quarter last fiscal. Total income during the quarter jumped 29 percent to Rs 5622 crore against Rs 4368 crore in year-ago period.

Among the sectors, consumer goods and PSUs were on the buyer’s radar, rising 1.68 per cent and 1.45 per cent respectively.

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

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.