Thursday 20 November 2014

Sensex-Nifty 0.25% Weaker

Posted by Ways2Capital on Thursday, November 20, 2014 with No comments

Sensex and Nifty fall has diminished slightly. Nifty and sensex declined 0.2 percent. In Midcap and Smallcap stocks also selling dominated. The Consumer Durables, realty, power and capital goods stocks are under selling pressure. However, in pharma and IT stocks there is good buying trends.

The BSE 30-share index Sensex 63 points fall with 0.25 percent is trading at 27970. While the 50-share NSE index Nifty 13 points, i.e 0.15 percent fall is trading at 8370 levels.

During market trading JSPL, Zee Entertainment, DLF, BHEL, Sesa Sterlite, SBI, Tata Steel and Bharti Airtel like heavyweight stocks fall from 4.1 to 1.4 percent. However, Kotak Mahindra Bank, Cipla, Cairn India, Lupin, Tech Mahindra, Wipro, Infosys, ONGC and Sun Pharma like giant shares have declined from 7 to 5.8 percent.

In the midcap stocks Vaibhav Global, Jaids Wellness, Amara Raja, HMT and Simphony most decline from 19.8 to 4.8 percent. Smallcap stocks Lifeline Drugs, Triveni Engineering, Bajaj Hindustan, Techno Electric and Seshasyi paper are broken most from 7 to 5.8 percent.

In European markets, Britain's FTSE 100 index, dropped 0.1 percent. While Germany's DAX index has weakened 0.1 percent. In addition, France's CAC 40 Index was down 0.3 percent.


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