Monday, 16 March 2015

The Market Traded Flat, Nifty Close To 8650 - Ways2Capital

Posted by Ways2Capital on Monday, March 16, 2015 with No comments

The market seems to be almost flat. There is a fall in the Sensex and Nifty. Midcap and smallcap stocks are in declining trend. Metal and Oil & Gas stocks are trading with weakness.

The BSE 30-share Sensex index 12.22 points with 0.04 percent weakness is trading at 28491. While the 50-share NSE Nifty leading index rose 2.55 points, i.e 0.03 percent trading on 8645 level.

View by Sectorial basis has seen the largest decline in metal stocks. Metal stocks are showing 1.41 percent drop. In addition to the weakness of nearly 1 percent in power stocks. Oil & Gas, FMCG and capital goods stocks are trading with lethargy. IT stocks in the market has seen the fastest growth and technological stocks are showing upward movement.

During the market DLF, Asian Paints, Live entertainment and HCL Tech are trading with a gain of 2.89 to 1.81 percent. The losers in heavyweight stocks Sesa Sterlite, Cairn India, NTPC, NSDC are down from 4.44 to 2:26 percent.

Midcap stocks during the trading in the market, PMC Fincorp, Rajesh Exports, Den Networks, or Tech Wabag, Jet Airways is being up from 9.98 to 4.45 percent. Falling mid-cap stocks Monsanto India, Natco Pharma, Sobha Developers, Jensar Tech and Persistent decline from 6.35 to 3.96 percent.

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