16 March 2015

Intraday Market Turns Choppy; Sensex, Nifty end in red

The Intraday market continued to be volatile amid marginal selling pressure in noon trade. The Sensex fell 36.80 points to 28466.50 and the Nifty declined 8.50 points to 8639.25. Metals, oil and FMCG stocks saw selling pressure while technology and auto stocks gained. The intraday market is still under selling pressure.
The Sensex is down 57.96 points at 28445.34, and the Nifty is down 17.50 points at 8630.25. About 915 shares have advanced, 1765 shares declined, and 170 shares are unchanged. Infosys, Bajaj Auto, Wipro, HDFC Bank and Sun Pharma are top gainers in the Sensex while Sesa Sterlite, NTPC, HDFC, Hindalco and Bharti Airtel are laggards.
Asian shares drifted higher today after a downbeat session on Wall Street kept sentiment in check, while the euro recovered from a fresh 12-year low touched on the divergent monetary policy paths between the United States and the euro zone.The S&P BSE Sensex slipped over 100 points after WPI inflation data came in at -2.06% for the month of February versus -0.39% in January.
Top gainers on Sensex INFOSYS (2.4%), WIPRO (1.6%), BAJAJ AUTO (1.2%), HDFC BANK (0.9%), SUN PHARMA (0.7%)

Top losers: SESA STERLITE (-4.5%), NTPC (-2.3%), BHARTI AIRTEL (-1.9%), HINDALCO (-1.9%), HDFC (-1.8%)
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