Markets pare early gains; Bajaj Auto, ONGC shares dip
05/10/2016 10:22
NIFTY Fut : SELL ZONE
BANKNIFTY Fut : SELL ZONE
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The key domestic benchmark indices were trading in a negative terrain in the morning trading session amid renewed concerns about the UK's exit from the European Union and US Fed increasing interest rate later this year.
On Tuesday, the Indian equities ended higher after Reserve Bank of India (RBI) cut repo rate by 25 basis points to 6.25 per cent from the current 6.5 per cent.
At 10:20 AM, the Bombay Stock Exchange bellwether Sensex was at 28318.62 down by 15.93 points or by 0.06 per cent, while the NSE Nifty was at 8765.3 points, trading lower by 3.85 points or by 0.04 per cent.
On the global front, Asian stocks were trading higher today as rebound in oil prices bolstered sentiment. US stocks closed lower in the previous trading session amid concerns about the ECB tightening liquidity and rising speculation in the market that a Federal Reserve might hike interest-rate this year.
05/10/2016 10:22
NIFTY Fut : SELL ZONE
BANKNIFTY Fut : SELL ZONE
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On Tuesday, the Indian equities ended higher after Reserve Bank of India (RBI) cut repo rate by 25 basis points to 6.25 per cent from the current 6.5 per cent.
At 10:20 AM, the Bombay Stock Exchange bellwether Sensex was at 28318.62 down by 15.93 points or by 0.06 per cent, while the NSE Nifty was at 8765.3 points, trading lower by 3.85 points or by 0.04 per cent.
On the global front, Asian stocks were trading higher today as rebound in oil prices bolstered sentiment. US stocks closed lower in the previous trading session amid concerns about the ECB tightening liquidity and rising speculation in the market that a Federal Reserve might hike interest-rate this year.
