Friday, 11 August 2017

Live Stock Market Updates: Nifty Breaches 9,700 SBI Down Over 4%

Posted by suhani varma on Friday, August 11, 2017 with No comments
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Nifty has breached 9,700 mark. Bank Nifty, on the other hand, is finding support around its 50-DMA which is placed at 23,920 levels. State Bank of India is the top loser in the index trading at Rs 284.75 per share, down by Rs 11.95 per share or 4.18%. The stock has pared all of its morning gains and is contributing the most to the losses of Bank Nifty. Bank of Baroda is also trading in negative territory, down by over 2.5% at Rs 144.7 per share.

There were 580 advances, 1,063 declines and 305 unchanged stocks on NSE reflecting fairly negative sentiments floating in the market. The S&P BSE Sensex is trading at 31,189 down 341 points, while NSE Nifty is trading at 9,694 down 117 points. A total of 6 stocks registered a fresh 52-week high in trade today, while 203 stocks touched a new 52-week low on the NSE.

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