Sensex hovers around 29k mark; realty, metal stocks lead 08/09/2016 13:41

Sensex hovers around 29k mark; realty, metal stocks lead
08/09/2016 13:41
NIFTY Fut               : BUY ZONE
BANKNIFTY FUT :  BUY ZONE


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Indian equity benchmarks continued to trade in the positive terrain during the afternoon session on Thursday as investors indulged in buying activity mainly in the realty, metal, healthcare and auto sector stocks amid taking mixed cues from fellow Asian peers.

At 1:16 hours, the 30-share barometer index of Bombay Stock Exchange, Sensex was at 28,993, up by 66.64 points or 0.23 per cent while the NSE Nifty was at 8,936.05, up by 18.1 points or 0.2 per cent.

Meanwhile, shares of TCS down over 5 per cent as the IT major has given a cautious outlook for the coming quarters, stating that clients are holding back on discretionary spending.

On the global front, Asian markets were mixed as investors stayed on the sidelines ahead of the European Central Bank (ECB) meeting with the Frankfurt-based central bank likely to maintain record stimulus and issue fresh growth and inflation outlooks for the Euro area.