Tuesday, 29 August 2017

Live Stock Market Updates Market Extends Losses

Posted by suhani varma on Tuesday, August 29, 2017 with No comments
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Bears are dominating the market pushing the benchmark indices to trade lower. In Nifty50 index there are 10 advances, 41 declines indicating a strong negative undertone.NTPC is the top Nifty loser slipping in trade by 3.35% at Rs 167.50 per share.Meanwhile, BSE Power is the top losing index among sectoral indices. The index slipped in trade by 0.80% at 2249 level.

NTPC is majorly contributing to index losses and dragging it to lower levels. The stock lost in trade by 3.2% at Rs 167.80 per share on BSE followed by Siemens down 1.5% at Rs 1270 per share and Tata Power Company down 1% at Rs 78.05 per share.Pincon Spirits was buzzing on the bourses as the Government of West Bengal has lifted ban on liquor retail outlets within municipal limits. The stock soared 6.93% at Rs 56.30 per share on BSE.The S&P BSE Sensex is trading at 31,499 down 251 points, while Nifty is trading at 9837 down 75 points. A total of 30 stocks registered a fresh 52-week high in trade today, while 25 stocks touched a new 52-week low on the NSE.

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