Wednesday, 26 October 2016
Sensex Nifty Closed Lower, 27 October Free Nifty Option Trading Call Put
In the second successive session, equity benchmark has fallen with Sensex dropping above 300 points on Wednesday, triggered with global signs, asset quality concern and Tata Group stocks. The 30-share of BSE Sensex was behind 254.91 points or 0.91% at 27,836.51, whereas the 50-share NSE Nifty hit a low of 8,596.60, before closing down 76.05 points or 0.88 % at 8,615.25.
Experts are of concern that the market is anticipated to consolidate further since it already priced in September quarter profit. As per them, Nifty's expiry may be within the range of 8600 - 8700.
The broader markets also caught in grip with the BSE Midcap falling 0.9% on weak breadth. About 1,187 shares have advanced, while 1,587 shares declined, and 240 shares remained as it is.
The gainers were Bharti Airtel, Hero MotoCorp, Maruti, HUL and Dr. Reddy's Labs, while the losers were Axis Bank, Tata Steel, Tata Motors, ICICI Bank and Adani Ports, in the Sensex.
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