Free Nifty Tips - The market has extended losses the Nifty is nearing 7850. The 50-share is down 46.55 points or 0.6 percent at 7884.80. The Sensex is down 157.79 points or 0.6 percent at 25960.06. About 1186 shares have advanced, 1087 shares declined, and 113 shares are unchanged.
Tata Steel, GAIL, Cipla, ITC and HUL are major laggards in the Sensex. Among gainers are NTPC,GAIL,Reliance,L&TandAxisBank.
The broader markets were marginally in red. The 30-share BSE Sensex fell 127.15 points to 25990.70 and the 50-share NSE Nifty declined 40.50 points to 7890.85. Asian stocks traded lower after US oil prices fell below USD 40 per barrel for the first time since August. A sell-off in US stocks sped up in late afternoon trade, after WTI crude settled USD 1.91 lower, or 4.6 percent, at USD 39.94 a barrel. Government data showed a tenth straight week of inventory build-up, adding to worries over a supply glut.
Shares of ITC, Lupin, Tata Motors, ONGC, HUL, Cipla, Dr Reddy's Labs and Tata Steel were down 1-2 percent.
Tata Steel, GAIL, Cipla, ITC and HUL are major laggards in the Sensex. Among gainers are NTPC,GAIL,Reliance,L&TandAxisBank.
The broader markets were marginally in red. The 30-share BSE Sensex fell 127.15 points to 25990.70 and the 50-share NSE Nifty declined 40.50 points to 7890.85. Asian stocks traded lower after US oil prices fell below USD 40 per barrel for the first time since August. A sell-off in US stocks sped up in late afternoon trade, after WTI crude settled USD 1.91 lower, or 4.6 percent, at USD 39.94 a barrel. Government data showed a tenth straight week of inventory build-up, adding to worries over a supply glut.
Shares of ITC, Lupin, Tata Motors, ONGC, HUL, Cipla, Dr Reddy's Labs and Tata Steel were down 1-2 percent.
No comments:
Post a Comment