27 May 2014

Accurate Tips Afternoon Intraday Market News for Trading

Today in Afternoon Intraday Trading Equity benchmarks continued to see selling pressure in noon trade weighed down by banking & financials, oil & gas, PSU, auto and metals stocks while the broader markets fell for the second day in a row with the BSE Midcap and Smallcap indices losing 1.25 percent and 1.5 percent, respectively.
The Sensex lost 212.02 points to 24504.86 and the Nifty dropped 59 points to 7300.05. About 874 shares have advanced, 1755 shares declined, and 95 shares are unchanged. GAIL kept its top position in the selling list, falling over 6 percent after it reported dismal performance in fourth quarter earnings. 
BHEL, Mahindra & Mahindra, Sesa Sterlite, ONGC and IDFC declined 2-5 percent.However, Infosys, Larsen & Toubro, Wipro, Dr Reddy's Labs, Bajaj Auto, UltraTech Cement, Jindal Steel and Asian Paints bucked the trend, rising 0.5-2 percent. HDFC Bank recouped losses, up 0.2 percent.

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