Tuesday 29 August 2017

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Markets are extending their losses as Nifty slips below 50 DMA. Reliance Industries, ITC, HDFC Bank and HDFC, Kotak Mahindra Bank and L&T are the major contributor to index losses.Broader market indices are also following the trend and extending their losses.

Nifty Pharma is one of the top index losers on NSE. The index slipped by 1.17% at 8870 level. Sun Pharma Industries is the top index loser and dragging it to trade in lower levels.On the contrary, Lupin is the top gainer in the index. The S&P BSE Sensex is trading at 31,429 down 320 points, while Nifty is trading at 9799 down 113 points. A total of 39 stocks registered a fresh 52-week high in trade today, while 30 stocks touched a new 52-week low on the NSE.

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