Thursday 29 January 2015

Sensex Rolled 170 Points, Nifty Below 8870 - Ways2Capital

Posted by Ways2Capital on Thursday, January 29, 2015 with No comments

Due to poor global cues pressure is being witnessed on domestic markets. Sensex and Nifty is trading with a fall of 0.5 percent. Sensex has come down to 29400, the Nifty is trading below 8870.

Selling in Metal, banking, Consumer Durables, power and pharma stocks there is pressure on the market. In the oil & gas and realty stocks modest shopping trends. The midcap and smallcap stocks there is selling.

The BSE 30-share index Sensex 168 points with a decline of 0.6 percent is trading at 29390. The NSE Nifty 50 shares leading index 51 points i.e 0.6 percent decline and is trading at 8863 levels.

During the market Coal India, ICICI Bank, ONGC, Jindal Steel, Sesa Sterlite and Sun Pharma like giants recorded 3.8 to 1.3 percent fall. However, BPCL, HDFC Bank, Asian Paints, Lupin, Reliance Industries, Wipro, Hero Moto and Maruti Suzuki like heavyweight stocks has declined from 0.9 to 0.25 percent.

Midcap stocks Elstom T & D, Torrent Pharma, PMC Fincorp, ISGEC heavy and Religare Enterprises has broken the most from 6.4 to 2.5 percent. Lloyd Electric, Rajalakshmi Industries, Vindhya Tele, Indiabulls Securities and Aksilia kale like smallcap stocks most vunerable i.e 13.7 to 5 percent.

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