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SURE SHOT CALLS

Tuesday, 6 February 2018

Nifty ends below 10,500; Sensex closes 561 pts lower amid global rout in equities

Closing Update- BSE Sensex closed lower by 561.22 points to 34,195.94, while the NSE Nifty fell 168.30 points to close at 10,498.25. All the sectoral indices closed lower with IT sector losing the most at 2.80 percent. 

Nifty pulls out losses to fourth straight trading session on Tuesday as the global sell-off runs over to the Indian markets, however, Nifty and Bank Nifty improved towards the end erasing partial losses led by gains in the PSU Banks and Nifty private Banks. 

Among BSE IT stocks, HCL Technologies (down 3.87%), Tech Mahindra (down 3.66%), TCS (down 3.58%), Infosys (down 2.62%), Oracle Financial Services Software (down 1.64%) and Wipro (down 1.31%) edged lower.
Lupin, Tata Motors, HCL Tech, Tech Mahindra and TCS were biggest losers among Nifty 50 stocks, falling 6 to 3% while Bajaj Finance, ICICI Bank, Tata Steel, Eicher Motors and Bharti Airtel were tog gainers.


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