Ignoring weak U.S. and Asian markets, equities surged higher on the major Indian bourses this morning as investors looked for some bargain hunting after the terrible fall in the previous session. Realty, a
uto and metal stocks, the prominent losers on Monday, moved up sharply in opening trade this morning.A few stocks from capital goods, PSU and banking sectors also edged higher. Power, oil, information technology stocks were a bit subdued. A fair amount of buying took place in midcap and smallcap segments. However, with most of the front line stocks facing stiff resistance at higher levels, the market has drifted down into the negative territory now. The Sensex, which rose to 14,868.53 in a flash after opening with a negative gap of nearly 40 points, is now down in the red at 14,759.96 with a loss of 24.96 points or 0.17%. The Nifty index of the National Stock Exchange is down by 3.70 points at 4384.20. Earlier, after falling to 4372.65, the Nifty had surged to 4410.95.
uto and metal stocks, the prominent losers on Monday, moved up sharply in opening trade this morning.A few stocks from capital goods, PSU and banking sectors also edged higher. Power, oil, information technology stocks were a bit subdued. A fair amount of buying took place in midcap and smallcap segments. However, with most of the front line stocks facing stiff resistance at higher levels, the market has drifted down into the negative territory now. The Sensex, which rose to 14,868.53 in a flash after opening with a negative gap of nearly 40 points, is now down in the red at 14,759.96 with a loss of 24.96 points or 0.17%. The Nifty index of the National Stock Exchange is down by 3.70 points at 4384.20. Earlier, after falling to 4372.65, the Nifty had surged to 4410.95.For further details visit as : http://sify.com/finance/fullstory.php?a=jisk3Cjaibg&title=Sensex_slips_after_surging_higher_%40_10%3A25_hrs
No comments:
Post a Comment