Friday, 30 January 2015

Nifty Closer To 8900, Sensex Fell 160 Points - Ways2Capital

Posted by Ways2Capital on Friday, January 30, 2015 with No comments

After touching record highs there is decline in the market. Sensex and Nifty trading with weakness of 0.5 percent is being witnessed. Nifty touched a new record upper level of 8996.60 while Sensex index has touched the record upper level of 29844.

Due to selling in Consumer Durables and FMCG stocks there is pressure on the market. There is good shopping in the realty and power stocks. There is also good movement in midcap and smallcap stocks.

The BSE 30-share index Sensex 164 points with 0.5 percent fall is trading at 29518. While the 50-share NSE Nifty index 40.5 points with weakness of 0.5 percent is trading at 8912 levels.

During market trading Coal India, Dr Reddy's, HDFC, Asian Paints, Bank of Baroda, HDFC Bank and Tata Motors like veteran shares has weakened from 3.1 to 1.3 percent. However, HCL Tech, DLF, NTPC, IDFC, BHEL, Tata Power, Hero Moto and Maruti Suzuki like giant shares have gained 8.9 to 1 percent.

In Midcap stocks HCC, HDIL, Indiabulls Real Estate, Anant Raj and DB Realty gained most from 15.9 to 7.1 percent. Smallcap stocks Kaplin Labs, Aditya Birla Chem, Hanung Toys, Pratibha Industries and Kolte Patil are most robust from 16.8 to 7.5 percent.

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