Menu
Search

Profit Booking Dents Equity Markets

Thursday, September 22, 2016
24
Separator
17
Separator
48
Separator
4
Separator
Print Print Email Email

MUMBAI:  Profit booking and mixed global sentiments depressed the Indian equity markets during the early morning trade session on Friday.

The wider 51-scrip Nifty of the National Stock Exchange (NSE) slipped by 8.20 points or 0.09 Pct to 8,859.25 points.

The barometer 30-scrip sensitive index (Sensex) of the BSE, which opened at 28,810.32 points, traded at 28,751.54 points (at 9.30 a.m.) -- down 21.59 points or 0.08 Pct from the previous close at 28,773.13 points.

The Sensex has so far touched a high of 28,825.09 points and a low of 28,714.93 points during the intra-day trade.

In contrast, the BSE market breadth was tilted in favour of the bulls -- with 848 advances and 555 declines.

On Thursday, both the key indices had made gains of around a Pct each on the back of positive global cues, fresh inflow of foreign funds, healthy macro economic data and a strong rupee.

The barometer index had gained 265.71 points or 0.93 Pct to 28,773.13 points, while the NSE Nifty by 90.30 points or 1.03 Pct to 8,867.45 points.

Read Also:
India To See Gradual Growth, RBI To Be On Easing Path: Report
Listed Foreign Funds Bring In Record $1.3 Billion In August


Source: IANS
Write your comment now
Submit Reset
Looking For Loan? Let us Help you !!!
Product
Name
City
Phone
Email
Loan Amount
Annual Income
Preferred banks
Captcha
Type the characters you see in the picture
  Submit
Sign Up for DailyDose and Read the Day's Highlights
Email:
Social Media