Mid-Session: Sensex marches towards 29k-mark; Nifty crosses 8,950 level 23/02/2017 12:31
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
Indian equity benchmarks continued their northward journey during noon trading on Thursday led by gains mainly in the Teck and consumer durables sector stocks despite weak cues from fellow Asian peers.
At 12:13 hours, the 30-share barometer index of Bombay Stock Exchange, Sensex was at 28,957.29 up by 92.58 points or 0.32 per cent while the NSE Nifty was at 8,959 up by 32.1 points or 0.36 per cent.
Meanwhile, short-covering of outstanding positions by speculators as today being the last session of February series expiry in the derivatives segment, too supported sentiment at D-Street.
Moreover, telecom major Bharti Airtel retained its top position in buying list after it announced the decision to acquire Telenor India assets.
The top gainers of the BSE Sensex pack were Bharti Airtel Ltd. (Rs. 379.85,+5.18%), Tata Consultancy Services Ltd. (Rs. 2462.85,+2.21%), Infosys Ltd. (Rs. 1007.55,+1.58%), Wipro Ltd. (Rs. 478.45,+1.03%), Sun Pharmaceutical Industries Ltd. (Rs. 676.50,+0.91%), among others.
Major show spoilers were Reliance Industries Ltd. (Rs. 1193.15,-1.20%), Axis Bank Ltd. (Rs. 519.75,-0.90%), NTPC Ltd. (Rs. 165.50,-0.66%), ICICI Bank Ltd. (Rs. 284.15,-0.63%), Housing Development Finance Corporation Ltd. (Rs. 1387.00,-0.56%), among others.
The market breadth, indicating the overall strength of the market, was positive. On BSE, out of the total 2,734 shares traded, 1,319 advanced while 1,218 shares declined and 197 remained unchanged.
On the global front, Asian markets were trading in the red after Federal Reserve minutes indicated a cautious approach to raising US interest rates.
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
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Indian equity benchmarks continued their northward journey during noon trading on Thursday led by gains mainly in the Teck and consumer durables sector stocks despite weak cues from fellow Asian peers.
At 12:13 hours, the 30-share barometer index of Bombay Stock Exchange, Sensex was at 28,957.29 up by 92.58 points or 0.32 per cent while the NSE Nifty was at 8,959 up by 32.1 points or 0.36 per cent.
Meanwhile, short-covering of outstanding positions by speculators as today being the last session of February series expiry in the derivatives segment, too supported sentiment at D-Street.
Moreover, telecom major Bharti Airtel retained its top position in buying list after it announced the decision to acquire Telenor India assets.
The top gainers of the BSE Sensex pack were Bharti Airtel Ltd. (Rs. 379.85,+5.18%), Tata Consultancy Services Ltd. (Rs. 2462.85,+2.21%), Infosys Ltd. (Rs. 1007.55,+1.58%), Wipro Ltd. (Rs. 478.45,+1.03%), Sun Pharmaceutical Industries Ltd. (Rs. 676.50,+0.91%), among others.
Major show spoilers were Reliance Industries Ltd. (Rs. 1193.15,-1.20%), Axis Bank Ltd. (Rs. 519.75,-0.90%), NTPC Ltd. (Rs. 165.50,-0.66%), ICICI Bank Ltd. (Rs. 284.15,-0.63%), Housing Development Finance Corporation Ltd. (Rs. 1387.00,-0.56%), among others.
The market breadth, indicating the overall strength of the market, was positive. On BSE, out of the total 2,734 shares traded, 1,319 advanced while 1,218 shares declined and 197 remained unchanged.
On the global front, Asian markets were trading in the red after Federal Reserve minutes indicated a cautious approach to raising US interest rates.
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Free Commodity Tips : Join our Whatsapp No : 9094047040
