The Sensex is down 143.34 points or 0.6 percent at
23048.63, and the Nifty slips 48.40 points or 0.7 percent at 6999.85. About 332
shares have advanced, 1156 shares declined, and 47 shares are unchanged.
Dr Reddy's Labs, NTPC, Tata Motors, Infosys and Sun
Pharma are top gainers while Hindalco, SBI, Tata Steel, Coal India and Adani
Ports are losers in the Sensex.
Neelkanth Mishra of Credit Suisse said ,"The Indian
market is down 14 percent for the year in dollar terms. The sharp risk rally on
February 15 was likely catalysed by a 2.1 percent appreciation in CNH over the
Chinese New Year.
IDBI Bank is fairly well placed despite booking a loss
and making provisions in the third quarter, says the bank's deputy managing
director BK Batra.
Shaun Rein, managing director at China Market Research
group feels the Chinese markets will remain volatile for 3-4 months, although
they have opened up relatively stronger after the Chinese new-year break.
For 2 days free
trial on intraday tips, Commodity tips and Intraday Equity tips, please
visit this site 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