Monday, 12 December 2016
Sensex tanks 231 points, Nifty below 8,200, Best stock trading tomorrow
Benchmark indices continue to trade in a negative zone impacted by the domestic macro data, spikes in the price of crude and alarming Fed rate hike. The I.T stocks were hit by hard-hitting talk on visas by the US president, while oil retailers declined after prices of crude surged to a greatest high since mid-2015.
At closing bell, the BSE Sensex was down 231 points at 26,515 and the Nifty50 fell 90.95 points at 8,170. Among broader markets BSE Midcap fell 0.20% and Smallcap indices were down 0.65%.
About 1107 shares advanced, 1544 shares declined, and 132 shares were unaffected. Sun Pharma, NTPC, ONGC, TCS, and L&T were gainers while Asian Paints, Axis Paints, Bajaj Auto, Hero MotoCorp and Tata Motors are losers in the Sensex.
Among broader markets the indices of BSE Midcap and Smallcap were down by 0.20 percent and 0.65 percent, respectively.
Globally, European stocks were mostly higher due to the political ambiguity in Italy eased and investors awaited another rate decision from the US Fe Reserve this week.Tomorrow Stock Nifty Future Trading Calls >>>>>>> CLICK HERE