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#Equity benchmarks extended losses in morning as the #Sensex was down 227.05 points or 0.72 percent at 31,523.77, dragged by index heavyweights HDFC, HDFC Bank, Reliance Industries and Infosys. The #Nifty broke 9,850 level, down 68.95 points or 0.70 percent to 9,843.85. The broader markets outperformed benchmarks, though they were also under pressure. The #BSE #Midcap index was down 0.3 percent and #Smallcap declined 0.5 percent as about 1,171 shares declined against 705 advancing shares on the BSE.
#ClosingBell: #Equity benchmarks started off the week with a 1 percent loss on fears of likely increase in long term capital gains tax. The 30-share #BSE #Sensex was down 233.60 points or 0.90 percent at 25807.10. The 50-share #NSE ended at 7-month closing low as well as below the Brexit day low of 7927. The index dropped 77.50 points or 0.97 percent to 7908.25. The broader markets underperformed benchmarks as the #BSE #Midcap and #Smallcap indices shed 2 percent each. About four shares declined for every share rising on the BSE. HUL, Bharti Airtel, TCS, ITC, Larsen are #TopGainers while Cipla, Lupin, Tata Steel, ONGC, SBI are #TopLosers on the BSE.
Opening Bell : Equity benchmarks retained early gains with the Sensex rising over 200 points, driven by short covering. The 30-share BSE Sensex was up 207.94 points at 27737.91 and the 50-share NSE Nifty gained 58.90 points at 8579.30. The broader markets marginally outperformed benchmarks as the BSE Midcap and Smallcap indices rising over 0.8 percent on strong breadth. About three shares advanced for every share falling on the exchange. HDFC and HDFC Bank rebounded after yesterday's sell-off, up 1.9 percent and 0.4 percent, respectively. ICICI Bank extended rally, up 1.5 percent in addition to 7 percent upside in yesterday's trade, after while maintaining buy call, Nomura raised target price from Rs 285/share to Rs 325/share.
#Equity benchmarks saw some selling pressure amid consolidation in morning trade as investors looked for cues from Federal Reserve's monetary policy meeting that will begin tonight. The 30-share #BSE #Sensex was down 24.75 points at 32,399.01 and the 50-share #NSE #Nifty fell 10.15 points to 10,142.95. The broader markets outperformed benchmarks as the BSE #Midcap and #Smallcap indices gained 0.3 percent each on positive breadth. About 1,066 shares advanced against 915 declining shares on the BSE.
In Indian equity markets, investors are often advised to invest in a number of stocks to even things out. When asked on how to trade in #Nifty shares, we believe that knowledge and awareness about stocks as well as the right #trading levels are crucial..... read more here goo.gl/mHdx6w
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