Wednesday 18 March 2015

Market Decline 0.3%, Nifty Slipped To 8690 - Ways2Capital

Posted by Ways2Capital on Wednesday, March 18, 2015 with No comments

Before the Federal Reserve's decision the Sensex-Nifty fall. But in mid-cap stocks remains good shopping. By the mid-cap and bank stocks the market is getting support.

The BSE 30-share index Sensex 88.93 points i.e with 0.31 percent fall is trading at 28647.45. The NSE Nifty 50-share key index 32.70 points, i.e, slipped 0.37 percent arrived at 8690.60.

View by Sectorial, capital goods, power, auto, IT and FMCG sector looks weak and most vulnerable of them is the power sector, which is about 1.10 percent down. The banking, real estate, oil & gas, metals, consumer durables and healthcare sectors are showing considerable strength. Out of them strongest is banking sector which has gained 0.54 percent.

Veterans BPCL, Sesa Sterlite, IDFC, NMDC, PNB, Hero Motors is 3.72 to 0.78 percent up and in falling shares NTPC fell 3.55 percent. ICICI Bank, Lupin, DLF, Infosys and Dr Reddy's has seen 0.01 to 0.10 percent fall.

The mid-cap stocks Finolex Industries, Triveni Turbine, Suzlon Energy, Gujarat Gas, and Gujarat State Petro rose from 6.94 to 5.05 percent and in losers in the mid-cap stocks PMC Fincorp, Persistens, Gujarat Pipavav, Den Networks and TTK Prestige decline 9.07 to 2.49 percent.

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