4.05 PM: D-Street bounces back as Sensex surges 347 pts, Nifty reclaims 11,000; financials rally
What a comeback for the bulls of days of relentless correction. Sharp recovery among financials, along with automobiles, metals, pharmaceuticals and IT names ensured that benchmarks ended the day at high points of the day. The Sensex ended over 350 points higher, while the Nifty ended above 11,000-mark as well. Among sectors, energy and infrastructure names were the only big losers, while all other indices closed in the green. In the broader markets, the Nifty Midcap ended quarter of a percent higher as well. At the close of market hours, the Sensex ended higher by 347.04 points or 0.96% at 36652.06, while the Nifty is up 100.10 points or 0.91% at 11067.50. The market breadth is negative as 1,074 shares advanced, against a decline of 1,553 shares declined, while 184 shares were unchanged.
1.30 PM: D-Street turns negative; Sensex down 100 pts, Nifty around 10,900; Yes Bank hits 52-week low
Benchmark indices erased all its gains and trading flat in the afternoon trade. The Sensex is up 40.66 points at 36345.68, while Nifty is down 9.80 points at 10957.60. About 867 shares have advanced, 1568 shares declined, and 139 shares are unchanged. Private banking major Yes Bank slipped below Rs 200 mark, touched 52-week low of Rs 198.65.
10:35 AM: Sharp recovery in financials boosts D-Street, Sensex up over 100 points; Nifty near 11,000
There’s a sharp recovery seen on D-Street. The Sensex is trading higher by over 100 points, while the Nifty is looking to clinch 11,000-mark. The Sensex is up 103.67 points or 0.29% at 36408.69, while the Nifty is higher by 26.60 points or 0.24% at 10994.00. The market breadth is negative as 873 shares advanced, against a decline of 1,196 shares, while 118 shares were unchanged. Buying counters are now buzzing in the financials space, with the Bank Nifty trading over one-third of a percent higher. Automobiles, pharmaceuticals and IT sectors are trading higher as well. In the broader markets, midcaps are trading higher by one-fifth of a percent. Here is a look at the heatmap chart on Sensex.
9.42 AM: Sensex down more than 150 points after flat start, Nifty breaches 10,900; banks continue to fall
Selling pressure has hit the market within the first fifteen minutes of trade. The Sensex has now extended losses to over 100 points, while the Nifty is hovering below 10,950-mark. A weaker rupee and high crude prices are weighing on financials space, while non-banking financial companies (NBFCs) have also continued with their bear streak. Banks, automobiles, FMCG and metal names are the top losers among all sectoral indices, while pharmaceuticals are the big gainers. The Nifty IT index is trading marginally higher. The Sensex is down 106.99 points or 0.29% at 36198.03, while the Nifty is down 36.70 points or 0.33% at 10930.70. The market breadth is negative as 486 shares advanced, against a decline of 964 shares, while 65 shares were unchanged. Yes Bank and ONGC are the top gainers, while Bharti Airtel, Power Grid, Indiabulls Housing and Bharti Airtel have lost the most.
9.22 AM: It is a negative start to the market on Tuesday
It is a negative start to the market on Tuesday, with the Nifty beginning 14 points lower around 10,950-mark. The Sensex is trading flat. The Sensex is down 6.16 points or 0.02% at 36298.86, and the Nifty down 14.00 points or 0.13% at 10953.40. The market breadth is narrow as 300 shares advanced, against a decline of 227 shares, while 49 shares are unchanged. Among sectors, banking names have taken a hit, along with automobiles and metal names. Pharmaceuticals are trading in the green, while IT names are trading flat, amid a weak rupee. HDFC and Yes Bank are the top gainers, while Power Grid, ICICI Bank, Indiabulls Housing and Bajaj Finance have lost the most.
BANKNIFTY Future View 25th Sept 2018
BANKNIFTY Future Monday Close: 25016.8 Today BANKNIFTY Future is facing Resistance of 25530 & 26045 If cross 26855 with volume will see more strength till 27660 Today major Support at 24720 & 24430 If not sustain 23620 then will see more down fall till 22810 http://www.bigprofitbuzz.com 9899836532 #nifty trading #tips #nse # free tip #share #market tips #stock tips #best tips provider #Indian
Nifty Future View 25th Sept 2018
NIFTY Future Monday Close: 10997.95 Today NIFTY Future is facing Resistance of 11130 & 11265 If cross above 11482 and hold above the level with volume will see more strength 11700 Today major Support at 10920 & 10835 If not sustain 10620 then will see more down fall till 10404 http://www.bigprofitbuzz.com 9899836532 #nifty trading #tips, #nse # free tips, #share #market tips, #stock tips, #best tips provider #Indian