Monday, 30 November 2015

Nifty still below 7950, Sensex sluggish; Sun Pharma down 1%


http://www.researchvia.com/nifty-futures/
Free Nifty Tips - The market is very sluggish ahead of Q2 gross domestic product data to be announced today. The Sensex is up 0.80 points at 26129.00 and the Nifty is down 7.20 points at 7935.50. About 1396 shares have advanced, 724 shares declined, and 156 shares are unchanged.
 
Maruti, ICICI Bank, Tata Motors, Bajaj Auto and L&T are top gainers while Sun Pharma, HDFC, Bharti Airtel, ONGC and GAIL are major losers in the Sensex.
 
Equity benchmarks continued to consolidate in morning trade after rallying for previous two consecutive sessions. The broader markets outperformed benchmarks with the BSE Midcap and Smallcap indices 0.3 percent and 0.6 percent, respectively.
 
The 30-share BSE Sensex rose 22.63 points to 26150.83 and the 50-share NSE Nifty fell 2.50 points to 7940.20. The market breadth was positive as about 1305 shares advanced against 548 declining shares on the BSE.
 
Banks, infrastructure and auto stocks continued to support market while oil and FMCG stocks lost ground. ICICI Bank, Tata Motors, L&T, Maruti Suzuki, Mahindra & Mahindra and Bajaj Auto gained 1-2 percent while Sun Pharma lost over a percent.

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