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Tuesday 16 February 2016

Bearish market during the day

 NIFTY & SENSEX both on red Mark

 The market remains to go down  as the Sensex is down 136.67 points or 0.6% at 23417.45. The Nifty slips 50.40 points or 0.7 % at 7112.55. About 711 shares have advanced, 1674 shares declined, and 106 shares are unchanged.

  

Adani Ports, NTPC, ONGC, Hero MotoCorp and Dr Reddy's Labs are top gainers  of the day

 SBI, L&T, Axis Bank, Sun Pharma and Lupin are major losers of the day in the Sensex.


The market remains in bear trap as the Sensex is down 136.67 points or 0.6 percent at 23417.45. The Nifty slips 50.40 points or 0.7 percent at 7112.55. About 711 shares have advanced, 1674 shares declined, and 106 shares are unchanged. Adani Ports, NTPC, ONGC, Hero MotoCorp and Dr Reddy's Labs are top gainers while SBI, L&T, Axis Bank, Sun Pharma and Lupin are major losers in the Sensex. Asian shares extended gains as a combination of stabilising Chinese markets, rebounding oil prices and solid US consumption data prompted investors to look for bargains after last week's rout. European shares were also expected to build on Monday's strong start, with spreadbetters seeing both Germany's DAX and France's CAC 40 rising up to 0.7 percent and Britain's FTSE 0.4 percent.

Read more at: http://www.moneycontrol.com/news/local-markets/sensex-nifty-remain-sluggish-adani-ports-hero-drl-gain_5507021.html?utm_source=ref_article

1 comment:

  1. Adani Ports, NTPC, ONGC, Hero MotoCorp performance was really good. Depending upon market conditions some stocks performs well where as some does not. Traders must select good performing stocks while trading. They can take help from financial firms who offers stock tips on best performing stocks.

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