Wednesday, 16 August 2017

Live Stock Market Updates: Nifty Trades Choppy Banking Stocks In Red

Posted by suhani varma on Wednesday, August 16, 2017 with No comments
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Benchmark index, Nifty has been trading in a choppy manner. There are 24 advances and 27 declines in Nifty50 index. FMCG stocks are holding onto their gains whereas bank stocks are continued to trade in negative territory.

Bank Nifty index was trading in negative territory, down by 110 points at 24,005 level. Yes Bank, Bank of Baroda and Canara Bank were among top losers in the index trading lower by more than 1%.There are 977 advances, 609 declines and 370 unchanged stocks on NSE reflecting fairly positive undertone floating in the market.The S&P BSE Sensex is trading at 31,509 up 60 points, while Nifty is trading at 9,805 up 10 points. A total of 25 stocks registered a fresh 52-week high in trade today, while 29 stocks touched a new 52-week low on the NSE.


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