Market Wrap
The market fell for the second consecutive session today,
dragged by banking & financials, capital goods, FMCG and select auto
stocks. Weak July core sector data and lower than expected first quarter GDP
hurt sentiment. Even weak global cues have an impact on market.
The Sensex
declined 176.38 points to 26106.71 and the Nifty fell 52.85 points to 7918.45.
The BSE Midcap and Smallcap indices lost 0.3-0.7 percent. About 568 shares have
advanced, 1139 shares declined, and 60 shares are unchanged on the BSE. HDFC
topped the selling list on Sensex, down 2.4 percent followed by HDFC Bank,
L&T, Reliance Industries, SBI, Axis Bank, Lupin, Tata Motors and Bharti
with 1-1.9 percent loss.
However, Infosys, TCS, Sun Pharma and ONGC bucked the
trend, up 1-1.5 percent.
Nifty Support
& Resistance Level
NIFTY TREND: CONSOLIDATE
NIFTY SPOT LEVELS
SUPP 1: 7885
SUPP 2: 7810
RES 1: 8035
RES 2: 8140
Sensex down
over 200 points; Nifty tests 7,900;
The S&P BSE Sensex trimmed some losses after slipping
nearly 300 points in trade on Tuesday following muted trend in Asian markets.
The 50-share Nifty index was testing its crucial psychological level of 7900, weighed down by losses in FMCG, auto, banks, capital goods, metal,
The 50-share Nifty index was testing its crucial psychological level of 7900, weighed down by losses in FMCG, auto, banks, capital goods, metal,
Call our 24/7 Customer Care Support us at 0731 – 6615050 And
you can also visit our site www.capitalheight.com/nifty-future.php
for knowing our Nifty Future Tips, Nifty Trading Tips and Nifty Tips Trial with
their accuracy with details.
No comments:
Post a Comment