Monday, 15 December 2014

Sensex 50 Points Weaker, TCS Dropped 3% - Ways2Capital

Posted by Ways2Capital on Monday, December 15, 2014 with No comments

Since the worst beginning of the market has tried to recover. Sensex and Nifty fall about 0.25 percent. But Sensex broke up in early trade to 27105, Nifty came close to 8150.

IT, technology and consumer stocks Durables shares are under selling pressure on the market. But banking stocks are looking modest buying. Midcap and smallcap stocks dominate the modest selling.

The BSE 30-share index Sensex 48 points with a loss of 0.2 percent is trading at 27302.75. While the 50-share NSE index Nifty 11 points broke 0.15 percent, and is tradinf at the 8213 level.

During the market BPCL, Tech Mahindra, TCS, DLF, Sesa Sterlite, Cipla, Gail and Infosys like giants shares have declined from 4.3 to 1.1 percent. However HDFC, Kotak Mahindra Bank, Coal India, Zee Entertainment, Ultratech Cement, Hero Moto, ONGC and NTPC like giant shares have gained from 4 to 0.7 percent.

In midcap stocks Aban Offshore, Jet Airways, Voltas, Rajesh Exports and Mannapurm finance most have fallen from 5 to 3.8 percent. In Smallcap stocks KGN Enterprises, KSL, Pearl Electric, Maha seamless and Seshasyi paper most vulnerable from 13.5 to 6.7 percent.

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