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SURE SHOT CALLS

Monday 26 December 2016

Sensex sinks 234 pts, Nifty hits 7-month low, Nifty prediction tomorrow

On Monday closing, the Equity benchmarks indices settled the day lower with The NSE Nifty ended at a seven-month low weighed by metal, realty,
pharma,banking and auto stocks. The index also breached the Brexit lows of 7,927 levels.  The BSE Sensex ended the day at 25,807, down 233 points, while Nifty50 settled 77.50 points lower at 7,908.  Broader markets under-performed benchmark indices as BSE midcap fell 2.17% while BSE Smallcap was trading 2.10% lower. 

The broader markets underperformed benchmarks as the BSE Midcap and Smallcap indices shed 2 percent each. About four shares declined for every share rising on the BSE.  About 2,035 shares declined against 571 advancing shares on the BSE.

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