Today Intraday Equity benchmarks continued to see consolidation with the
Nifty struggling at 8000 on expiry session for September derivative contracts.
Oil & gas, banks, metals and power stocks were under pressure. The Sensex
fell 52.05 points to 26692.64 and the Nifty declined 15.10 points to 7987.30.
About 753 shares have advanced, 1191 shares declined, and 56 shares are
unchanged.
ONGC fell 2.4 percent as Law Minister Ravi Shankar Prasad
says cabinet deferred decision on gas pricing. Oil India was down 1.3 percent.
Hindalco Industries topped the selling list, down nearly 4 percent. ICICI Bank,
State Bank of India, Axis Bank, Mahindra and Mahindra, Tata Steel, Sesa
Sterlite, NTPC, Tata Power and BHEL declined 1-2 percent. However, shares of
TCS, HDFC Bank, ITC, HDFC, Infosys, Dr Reddy's Labs, Wipro, Coal India, Gail
and Cipla gained 0.5-1.6 percent.
The S&P BSE Sensex pared most of its early
morning gains and turned negative in trade on Thursday ahead of September
F&O expiry. The fall in the index was led by losses in RIL, ONGC, Axis
BankBSE -3.78 %, SBI and ICICI BankBSE -2.62 %. Tracking the momentum, the
50-share Nifty index slipped below its crucial psychological support level of
8000, weighed down by losses in power, realty, oil & gas and banking
stocks.
Get Daily Intraday tips Live Market Updates and Accurate Intraday
Stock tips on Mobile and All services are provided through SMS and Instant
Messenger. For more information please visit us at www.capitalheight.com/about.php or please call our 24/7 Customer Care Support us at +91 9993066624, 0731
- 6615050.
No comments:
Post a Comment