Monday, 29 February 2016

Sensex, Nifty On A Negative Zone

Posted by suhani varma on Monday, February 29, 2016 with No comments

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The S&P BSE Sensex is trading at 23,141 down 14 points, while NSE Nifty is trading at 7,022 down mere eight points. The BSE Mid-cap Index is trading down 0.16% at 9,555, whereas BSE Small-cap Index is trading up 0.03% at 9,552.

SBI, ICICI Bank, Tata Steel, ONGC, Dr.Reddy's Lab and Sun Pharma are among the gainers, whereas  ITC, GAIL, HUL, Cipla, Bharti Airtel and Adani Ports are losing sheen on BSE. Some buying activity is seen in realty, metal, banking, finance, basic materials and capital goods sectors, while FMCG, consumer durables and IT sectors are showing weakness on BSE.

The INDIA VIX is down 0.04% at 21.8550. Out of 1,778 stocks traded on the NSE, 673 declined, 692 advanced and 413 remained unchanged today. A total of two stocks registered a fresh 52-week high in trades today, while 54 stocks touched a new 52-week low on the NSE.

The Indian rupee opened lower by 7 paisa at 68.69/$ on Monday as against previous close of 68.62/$. On Friday, rupee remained weak in the offshore NDF markets, weighed by the strength in greenback against the basket of currencies.

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