ECONOMY ANALYSIS
- Sensex, Nifty end flat; bank, oil & pharma stocks drag
- Jan WPI at -0.39, Nov data revised to -0.17%
- Sun Pharma slips 3% on Q3 miss but Credit Suisse bets on it
- Dishman Pharma sees Rs 100 cr debt reduction in FY16
- Greece, confident as EU meeting looms, sticks to no-austerity pledge
MARKET ANALYSIS
- The Nifty pared intraday gains and closed on a flat note led as banks came under selling pressure after a sharp upmove in the past few sessions. According to analysts, if profit booking intensifies in banks in coming sessions then the Nifty may slip to 8,750 levels.
- The 50-share index ended at 8,809.35, up 3.85 points or 0.01 percent. It touched a high of 8,870.10 and a low of 8,793.40 in trade today.
- The S&P BSE Sensex closed at 29,135.88, up 40.95 points or 0.13 percent. It touched a high of 29,325.35 and a low of 29,083.40 in trade today.
- ITC (up 3.11 percent), NMDC (up 2.42 percent), Bharti Airtel (up 1.97 percent), TCS (up 1.69 percent) and HDFC (up 1.58 percent) were among the top Nifty gainers.
- Sun Pharma (2.83 percent), Axis Bank (1.82 percent), Kotak Bank (1.70 percent), ICICI Bank (1.74 percent) and IndusInd Bank (1.79 percent) were among the index losers.
- The market breadth was negative on the NSE with 661 gainers against 831 losers.
No comments:
Post a Comment