Bulls continue to dominate D-Street on firm Asian cues :18/10/2016 11:37
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
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Tracking positive cues from fellow Asian peers following a mixed US economic data which eased fears over an imminent US Fed’s interest rate hike, Indian equity benchmarks were trading higher during the late morning deals on Tuesday.
At 11:11 hours, the 30-share barometer index of Bombay Stock Exchange, Sensex was at 27,753.8, up by 223.83 points or 0.81 per cent while the NSE Nifty was at 8,581.8, up by 61.4 points or 0.72 per cent.
Investors and speculators indulged in buying activity mainly in the metal and realty sector stocks.
Meanwhile, traders awaited the September quarter report cards of Havells India and Mastek which will be unveiled today.
The top gainers of the BSE Sensex pack were Tata Steel Ltd. (Rs. 421.40,+2.61%), Housing Development Finance Corporation Ltd. (Rs. 1331.85,+2.29%), ICICI Bank Ltd. (Rs. 263.10,+1.76%), Reliance Industries Ltd. (Rs. 1077.55,+1.64%), GAIL (India) Ltd. (Rs. 433.25,+1.32%), among others.
Major show spoilers were Bharti Airtel Ltd. (Rs. 298.00,-1.08%), Asian Paints Ltd. (Rs. 1175.50,-0.63%), Oil And Natural Gas Corporation Ltd. (Rs. 277.15,-0.47%), Tata Consultancy Services Ltd. (Rs. 2360.00,-0.12%), among others.
The market breadth, indicating the overall strength of the market, was positive. On BSE, out of the total 2556 shares traded, 1703 advanced while 704 shares declined and 149 remained unchanged.
On the global front, Asian markets were trading in the green on hopes that US monetary policy will continue to remain accommodative.
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
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Tracking positive cues from fellow Asian peers following a mixed US economic data which eased fears over an imminent US Fed’s interest rate hike, Indian equity benchmarks were trading higher during the late morning deals on Tuesday.
At 11:11 hours, the 30-share barometer index of Bombay Stock Exchange, Sensex was at 27,753.8, up by 223.83 points or 0.81 per cent while the NSE Nifty was at 8,581.8, up by 61.4 points or 0.72 per cent.
Investors and speculators indulged in buying activity mainly in the metal and realty sector stocks.
Meanwhile, traders awaited the September quarter report cards of Havells India and Mastek which will be unveiled today.
The top gainers of the BSE Sensex pack were Tata Steel Ltd. (Rs. 421.40,+2.61%), Housing Development Finance Corporation Ltd. (Rs. 1331.85,+2.29%), ICICI Bank Ltd. (Rs. 263.10,+1.76%), Reliance Industries Ltd. (Rs. 1077.55,+1.64%), GAIL (India) Ltd. (Rs. 433.25,+1.32%), among others.
Major show spoilers were Bharti Airtel Ltd. (Rs. 298.00,-1.08%), Asian Paints Ltd. (Rs. 1175.50,-0.63%), Oil And Natural Gas Corporation Ltd. (Rs. 277.15,-0.47%), Tata Consultancy Services Ltd. (Rs. 2360.00,-0.12%), among others.
The market breadth, indicating the overall strength of the market, was positive. On BSE, out of the total 2556 shares traded, 1703 advanced while 704 shares declined and 149 remained unchanged.
On the global front, Asian markets were trading in the green on hopes that US monetary policy will continue to remain accommodative.
