Friday, 10 August 2018

Sensex closes 155 points

Sensex closes 155 points 


 In today's trading, the Nifty dived to 11,419.65 while the Sensex was broken up to 37,815.75. Finally, the Nifty closed near 11,430, while the Sensex was more than 150 points broken. The market's 5-day fast on today's break Sensex and Nifty closed nearly 0.5% down Due to profit-booking in the market, the decline has been observed.

 Today, PSU Bank, Metal, Pharma, Capital Goods and Power shares have been selling heavily. Bank Nifty closed 0.7% down at 28,124 level. However, purchases are seen in consumer durables, IT, FMCG and auto stocks. Small-cap and mid-cap stocks also saw the pressure of selling. BSE's mid-cap index has closed down by 0.8%.

The Nifty Mid-cap 100 Index has declined 0.5 percent. BSE's smallcap index closed 0.8% lower The BSE 30-share index Sensex fell by 155 points, or 0.4%, to 37,869 level. On the other hand, NSE's 50-share index Nifty closed 41 points, 0.4% down at 11,429.5.

 In mid-cap stocks, Jindal Steel, Bank of India, Canara Bank, Union Bank and Tata Communications have slipped down 6.25-3.6%. However, Berger Paints, SJVN, Exide Industries, IIFL Holdings and CG Consumer have climbed up to 4.5-2.2% in the midcap stocks.

 Skippers, JetEkT India, Premier Explosives, Manali Petro and Healthcare Global are among the smallcap stocks that have broken down to 12.6-8.5% in small-cap stocks. However, DEN Networks, 63 Moons Tech, BF Investment, Shilpa and JB Chemicals in Smallcap Shares were strengthened by 19.8-8.7%.

 In large-cap SBI, GAIL, Sun Pharma, Tata Motors, Vedanta and Power Grid closed down by 4.1-1.8%. However, in the giants, Eicher Motors, BPCL, HPCL, Mahindra and Mahindra, Hero Moto, TCS, ITC and Kotak Mahindra Bank climbed up to 5.7-0.7%.

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