The market continued to see selling pressure with the Sensex
falling 108.77 points to 25290.88 and
the Nifty declining 36.70 points to 7722.10 ahead of first monetary policy of
the RBI in financial year 2016-17. The broader markets too were down with the
BSE Midcap and Smallcap indices slipping 0.2 percent each. For More Info visit at www.capitalheight.com/about.php or
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Market Outlook:-
The market breadth was weak as about 916 shares declined against 732 advancing shares on Bombay Stock Exchange.
Adani Ports topped selling list on Sensex, down nearly 3 percent followed by ITC, Tata Motors, Bharti Airtel and GAIL with more than 1 percent loss while HUL gained 1 percent.
Maruti Suzuki India has officially announced that it intends to double its existing sales network by 2020. Currently, the dealer network of India's largest carmaker comprises of 1,820 traditional dealerships spread across 1,470 cities. The company is planning to add another 200 dealerships in the current fiscal which will increase the total number to over 2,000. The carmaker expects that increasing sales network will help them in attaining their goal of selling 20 lakh units by 2020.
The market breadth was weak as about 916 shares declined against 732 advancing shares on Bombay Stock Exchange.
Adani Ports topped selling list on Sensex, down nearly 3 percent followed by ITC, Tata Motors, Bharti Airtel and GAIL with more than 1 percent loss while HUL gained 1 percent.
Maruti Suzuki India has officially announced that it intends to double its existing sales network by 2020. Currently, the dealer network of India's largest carmaker comprises of 1,820 traditional dealerships spread across 1,470 cities. The company is planning to add another 200 dealerships in the current fiscal which will increase the total number to over 2,000. The carmaker expects that increasing sales network will help them in attaining their goal of selling 20 lakh units by 2020.
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