Thursday, 2 March 2017
Sensex erases all gains, Nifty ends below 8,900, Tomorrow Market Strategy
In a volatile trading session, the market failed to keep 52-week high touched in early trade and ended with losses as investors booked profits after a good run up in the previous trading session. The BSE Sensex, fell 144.70 points or 0.50% to 28,839.79 while the Nifty 50 index fell 46.05 points or 0.51% to 8,899.75. The broader indices BSE Midcap and BSE Smallcap indices falling over 1% each. Sudden selling in European stocks in mid-afternoon trade spoiled response in domestic market.
About two shares declined for every share rising on the BSE. There were almost two losers versus every gainer on BSE. About 1,911 shares fell, 974 shares rose and a total of 159 shares were unchanged.