Thursday 11 February 2016

Nifty Trades Below 7,150 Mark

Posted by suhani varma on Thursday, February 11, 2016 with No comments

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The S&P BSE Sensex is trading at 23,545 down by 220 points, while NSE Nifty is trading at 7,146 down 70 points. The BSE Mid-cap Index is trading down by 1.03% at 9,915. whereas BSE Small-cap Index is trading down by 1.49% at 10,125.

Among sectoral indices, the BSE Capital Goods, Banking, FMCG, Oil and Gas and Metal indices are shed over 1% each. Dr.Reddy's Lab, SBI, Tata Motors, GAIL and Bharti Airtel are among the gainers, whereas Cipla, BHEL, ICICI Bank, Asian Paints, Maruti Suzuki and Tata Steel are losing sheen on BSE.

The INDIA VIX is up by 1.45% at 22.7925. Out of 1,785 stocks traded on the NSE, 1,181 declined, 304 advanced and 300 remained unchanged today. A total of seven stocks registered a fresh 52-week high in trades today, while 146 stocks touched a new 52-week low on the NSE.

Indian Rupee opened weaker by 10 paise at 67.95/$ in early trade on Thursday as against the previous close of 67.85/$. On a global front, market participants remained cautious ahead of Fed chief Janet Yellen testimony to US Senate. In this respect, she stated that the central bank will not likely undo the process of policy normalization, which has been initiated during December.

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