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Archive for the market-commentory Category

1.24 PM: Nifty nears 9600, Sensex ranged; Anil Ambani Group stocks dive

May 29, 2017 | market-commentory | | Comments Off on 1.24 PM: Nifty nears 9600, Sensex ranged; Anil Ambani Group stocks dive

Equity benchmarks continued to be volatile in afternoon trade, with the Nifty hovering around 9,600 level amid consolidation. FMCG and HDFC Group stocks gained while technology and select banks stocks were under pressure. The 30-share BSE Sensex was up 46.75 points at 31,074.96 and the 50-share NSE Nifty rose 1.85 points to 9,596.95. Anil Ambani […]

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12.17 PM: Equity benchmarks remained choppy in noon

May 29, 2017 | market-commentory | | Comments Off on 12.17 PM: Equity benchmarks remained choppy in noon

Equity benchmarks remained choppy in noon trade, with the Sensex hovering around 31,000 level after hitting record high. The 30-share BSE Sensex was up 39.15 points at 31,067.36 and the 50-share NSE Nifty gained 1.50 points at 9,596.60. The broader markets underperformed benchmarks, with the BSE Midcap and Smallcap indices falling 0.7-1 percent. The market […]

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11.35 AM: Benchmark indices staged a recovery from the day’s low, pulled back by a rally in FMCG stocks.

May 29, 2017 | market-commentory | | Comments Off on 11.35 AM: Benchmark indices staged a recovery from the day’s low, pulled back by a rally in FMCG stocks.

Benchmark indices staged a recovery from the day’s low, pulled back by a rally in FMCG stocks. The Nifty was seen hovering around 9600-mark The Sensex was up 20.06 points at 31048.27, while the Nifty was down 7.65 points at 9587.45. The market breadth was negative as just 751 shares advanced against a decline of […]

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9.17 AM: profit booking after hitting record highs in previous week.

May 29, 2017 | market-commentory | | Comments Off on 9.17 AM: profit booking after hitting record highs in previous week.

 Equity benchmarks have seen correction in early trade Monday due to profit booking after hitting record highs in previous week. Weak earnings from Sun Pharma and Tech Mahindra also hit market sentiment. The 30-share BSE Sensex was down 154.11 points at 30,874.10 and the 50-share NSE Nifty slipped 43 points to 9,552.10. Sun Pharma and […]

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