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market-commentory



2.24 PM : Sensex, Nifty extend losses as Infy cracks; Europe trades lower


August 21, 2017 | market-commentory | | Comments Off on 2.24 PM : Sensex, Nifty extend losses as Infy cracks; Europe trades lower

Benchmark indices continued to be weak and extended their losses, with the Nifty breaching 9800-mark in intraday trade. At 14:02 hrs, the Sensex was down 160.70 points at 31363.98, while the Nifty was down 40.90 points at 9796.50. The market breadth was negative as 1,007 shares advanced against a decline of 1,407 shares, while 139 […]

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1.30 PM : Sensex extends losses, Nifty tests 9,800; Infosys sinks 5%


August 21, 2017 | market-commentory | | Comments Off on 1.30 PM : Sensex extends losses, Nifty tests 9,800; Infosys sinks 5%

Equity benchmarks extended losses in afternoon trade, with the Nifty testing 9,800 level as Infosys lost nearly 5 percent. The 30-share BSE Sensex was down 127.82 points at 31,396.86 and the 50-share NSE Nifty fell 30.75 points to 9,806.65. About 1,316 shares declined against 1,059 advancing shares on the BSE. .  

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12.25 PM : Sensex loses early gains amid volatility; HDFC twins, RIL fall


August 21, 2017 | market-commentory | | Comments Off on 12.25 PM : Sensex loses early gains amid volatility; HDFC twins, RIL fall

Share prices of Essar Group’s listed companies Essar Shipping and Essar Securities rallied up to 18 percent intraday, after the completion of deal between Essar Oil and Russian oil major Rosneft. “The controlling shareholders of Essar Oil — Essar Energy Holdings and Oil Bidco (Mauritius) – announced the successful conclusion of the sale of 98.26 […]

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11.17 AM: Sensex loses early gains amid volatility; HDFC twins, RIL fall


August 21, 2017 | market-commentory | | Comments Off on 11.17 AM: Sensex loses early gains amid volatility; HDFC twins, RIL fall

Equity benchmarks erased early gains, with the Nifty trading below 9,850 level, dragged by index heavyweights HDFC, HDFC Bank, Infosys and Reliance Industries. The 30-share BSE Sensex was down 13.74 points at 31,510.94 and the 50-share NSE Nifty rose 4.80 points to 9,842.20. The gap between advances and declines narrowed as about 1,186 shares advanced […]

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10.10 AM: ICICI Bank, ONGC, Tata Steel, Coal India, ITC, TCS gained


August 21, 2017 | market-commentory | | Comments Off on 10.10 AM: ICICI Bank, ONGC, Tata Steel, Coal India, ITC, TCS gained

Equity benchmarks as well as broader markets continued to gain in morning trade, backed by banks, metals, FMCG and oil stocks. The 30-share BSE Sensex was up 105.88 points at 31,630.56 and the 50-share NSE Nifty rose 45.45 points to 9,882.85. About two shares advanced for every share falling on the BSE. ICICI Bank, ONGC, […]

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