Tuesday, 30 December 2014

The Market Trading Flat, Nifty Below 8250 - Ways2Capital

Posted by Ways2Capital on Tuesday, December 30, 2014 with No comments

In the beginning, market came up then falling is seen in the market. Now the markets are trading flat. The impact of poor signal from global markets, the domestic market are also showing weakness. Midcap and smallcap stocks are modest rise.

The BSE 30-share index Sensex 5.98 points with 0.02 percent up is trading at 27401. While the 50-share NSE leading index Nifty rose 2.70 points, i.e 0.03 percent trading at 8249's level.

Metal stocks fell 0.68 percent and banking sector decline 0.45 percent. Oil and gas stocks is 0.38 percent weak and FMCG sector is is trading with a marginal decline. In the climing stocks real state rose 0.88 percent and capital goods stocks rose 0.66 percent. Consumer durables shares remained marginally faster with 0.32 percent.

Market heavyweight stocks BPCL, DLF, L & T, Power Grid, Maruti Suzuki and M&M are trading with 0.89 to 0.37 percent rise. In market giant loser shares Sesa Sterlite, Jindal Steel, ONGC, Lupin, Hindalco and Cairn India decline from 1.30 to 0.79 percent.

In BSE Midcap Godrej Properties, Westlife Development, Blue Star, Aban Offshore and Puravankara rose from 5.77 to 4.05 percent. The fall in the mid-cap stocks Ramco Cements, Gujarat Gas, Kalptru Power, Motilal Oswal and 3M India has been seen from 2.01 to 1.44 percent.

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