Thursday 16 October 2014

Sensex Nifty Flat, Trading in Real Estate

Posted by Ways2Capital on Thursday, October 16, 2014 with No comments

The impact of poor signals in international markets is being witnessed on the domestic markets. Like Global markets Sensex and Nifty is not showing strong decline. Sensex and Nifty is perfectly flat. Midcap and Smallcap stocks move is too dull. Capital Goods and Oil & Gas stocks is showing selling trends. But buying trends in IT and realty stocks.

The BSE 30-share major index Sensex gained 31 points and trading at 26380. While major index of NSE 50-share Nifty gained 5 points and is trading at 7869 levels. 

During this period of trading market Cairn India, Hindalco, Bharti Airtel, Bajaj Auto, Tata Power, Sesa Sterlite and Reliance Industries like heavyweight stocks has declined from 2 to 0.8 percent. While DLF, Hero Moto, TCS, Tata Motors, BHEL and Tata Steel like giant shares rose 8.5 to 1.3 percent. 

Midcap stocks like Strides Arcolab, NIIT Tech, GSFC, Amtek Auto and Page Industries have fallen most from 14.7 to 2.1 percent. Smallcap stocks like Sharda Energy, Bodal Chemicals, IL & FS Engineering, Tata Sponge and KSL are weak most 8-4 percent.


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