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3.30 PM: Sensex, Nifty close sharply lower on profit booking; Fortis Health tanks 13%

June 23, 2017 | market-commentory | | Comments Off on 3.30 PM: Sensex, Nifty close sharply lower on profit booking; Fortis Health tanks 13%

Equity benchmarks closed sharply lower on Friday, with the Sensex down 152.53 points at 31,138.21 and the Nifty down 55.05 points at 9,574.95 on profit booking ahead of long weekend. About three shares declined for every share rising on the BSE. Fortis Healthcare tanked 13 percent while LIC Housing Finance, Emkay Global, Videocon Industries, IIFL […]

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2.15 PM: Sensex remains sluggish, Nifty trades around 9600

June 23, 2017 | market-commentory | | Comments Off on 2.15 PM: Sensex remains sluggish, Nifty trades around 9600

Benchmark indices were sluggish, but staged a recovery from its morning levels of decline. The Sensex was down 75.18 points at 31215.56, while the Nifty was down 32.25 points at 9597.75. The market breadth was negative as 599 shares advanced against a decline of 1,884 shares, while 144 shares are unchanged. ICICI Bank, Dr Reddy’s […]

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1.30 PM: Sensex off day’s low but Nifty still below 9600; ICICI Bank rebounds

June 23, 2017 | market-commentory | | Comments Off on 1.30 PM: Sensex off day’s low but Nifty still below 9600; ICICI Bank rebounds

Equity benchmarks recouped some losses but the Nifty is still trading below 9600 level in afternoon trade. The 30-share BSE Sensex was down 94.01 points at 31,196.73, dragged by HDFC Bank, Tata Motors, SBI, ITC and L&T. The 50-share NSE Nifty fell 37 points to 9,593. The BSE Midcap index slipped 0.9 percent and Smallcap […]

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12.18 PM: Sensex dips over 100 pts, Nifty struggles below 9600; BHEL down 3%

June 23, 2017 | market-commentory | | Comments Off on 12.18 PM: Sensex dips over 100 pts, Nifty struggles below 9600; BHEL down 3%

Equity benchmarks fell further in afternoon trade, with the Sensex down 134.05 points at 31,156.69 on profit booking amid consolidation. The 30-share NSE Nifty dropped 53.05 points to 9,576.95 on weak market breadth. The BSE Midcap index shed 1.4 percent and the Smallcap index extended losses, down 1.8 percent as about five shares declined for […]

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10.08 AM: Sensex extends losses, Nifty breaks 9600; Midcap sinks over 1%

June 23, 2017 | market-commentory | | Comments Off on 10.08 AM: Sensex extends losses, Nifty breaks 9600; Midcap sinks over 1%

Equity benchmarks extended losses in morning trade, with the Nifty falling below 9600 level and the Midcap losing over a percent on profit booking ahead of long weekend. The 30-share BSE Sensex was down 85.74 points at 31,205 and the 50-share NSE Nifty fell 42 points to 9,588. The BSE Midcap and Smallcap indices lost […]

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9.15 AM: Sensex, Nifty flat in opening; M&M, Tata Motors, TCS early gainers

June 23, 2017 | market-commentory | | Comments Off on 9.15 AM: Sensex, Nifty flat in opening; M&M, Tata Motors, TCS early gainers

Equity benchmarks opened flat with moderate gains as investors cautiously awaited Goods & Services Tax that is expected to be implemented from July 1. The 30-share BSE Sensex was up 65.58 points at 31,356.32 and the 50-share NSE Nifty rose 12.25 points to 9,642.25. TCS, Mahindra & Mahindra, Bharti Airtel, Lupin, Dr Reddy’s Labs, Kotak […]

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