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Nifty has lost further ground amid selling pressure seen in almost all the sectors. Only private banks and metals index are in the green.Nifty has lost further ground amid selling pressure seen in almost all the sectors. Only private banks and metals index are in the green. The PSU Bank, IT and FMCG index are the top losers.
Crucial support for Nifty is seen around the 10970 levels.
the BSE Sensex was trading at 36,055, down 106 points, while the broader Nifty50 index was ruling at 11,061, down 25 points.
Nifty PSU Bank index down 4%. Indian Bank (-6%), Syndicate Bank, PNB (-5%), BoB, Union Bank (-4%).
Bharat Electronics to consider buyback proposal on Jan. 30. Stock up 1.5%.
NCC QIP opens at a floor price of Rs129.47 per share. Stock gains 2.5%.
Volatility index India VIX down 3.75% at 17.3625.
Indiabulls Housing Fin (+2.7%), Vedanta (+1.7%), Infratel (+1.6%), Coal India (1.4%) and UltraTech Cement (+1.3%) were the top gainers on Nifty50.
SBI (-4.1%), HCL Tech (-1.8%), UPL (-1.4%), Infosys (-1.2%) and Yes Bank (-1.2%) were the top losers in today’s trade.
Out of 2,013 stocks traded on the NSE, 686 advanced, 962 declined and 365 remained unchanged today.
A total of 42 stocks registered a fresh 52-week high in trade today, while 14 stocks touched a new 52-week low on the NSE.
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