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The
Indian stock market has given up all its gains to trade at the lowest point in
the session as select technology and auto stocks drag. The Sensex is down 96.44
points at 27793.69 and the Nifty is down 16.40 points at 8413.30. About 1305
shares advanced, 861 shares declined and 133 shares were unchanged. Metal
stocks are still holding up gains with Tata Steel leading the pack with 4
percent gains. Coal India, Maruti, Cipla and Tata Power are other gainers in
the Sensex. Among the losers are M&M, Wipro, NTPC, Sun Pharma and SBI.
Asian Stock Markets trade mostly higher today. Shanghai sees choppy trade after weak China PMI data. Brent is above USD 62 per barrel. The BSE Sensex tumbled 334 points from the day's high to a low of 27,754 on the back of sudden selling in mid-morning trades.The Sensex has now recovered some of the losses and is now down 60 points at 27,830.
Whereas, the Nifty has recovered all losses and is now trading on a flat note at 8,421. So far, the 50-scrip index of the NSE has dropped over 100 points from the day's high of 8,505 to a low of 8,402. The Bank Nifty and the CNX Auto indices have declined 0.2-0.3 percent.On the other hand, the CNX Metal index is the top gainer - up 1.5 percent. The CNX Realty index has added 0.7 percent. The CNX FMCG index has gained 0.3 percent. Among banking shares, Union Bank and Oriental Bank of Commerce have slipped 1.4 percent each at Rs. 154 and Rs. 223, respectively.
Asian Stock Markets trade mostly higher today. Shanghai sees choppy trade after weak China PMI data. Brent is above USD 62 per barrel. The BSE Sensex tumbled 334 points from the day's high to a low of 27,754 on the back of sudden selling in mid-morning trades.The Sensex has now recovered some of the losses and is now down 60 points at 27,830.
Whereas, the Nifty has recovered all losses and is now trading on a flat note at 8,421. So far, the 50-scrip index of the NSE has dropped over 100 points from the day's high of 8,505 to a low of 8,402. The Bank Nifty and the CNX Auto indices have declined 0.2-0.3 percent.On the other hand, the CNX Metal index is the top gainer - up 1.5 percent. The CNX Realty index has added 0.7 percent. The CNX FMCG index has gained 0.3 percent. Among banking shares, Union Bank and Oriental Bank of Commerce have slipped 1.4 percent each at Rs. 154 and Rs. 223, respectively.
Investment plans given in this post is very helpful for all those people who want to make a big profit from the stock market.
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