Closing Bell: Global weakness drags Sensex 159 pts, Nifty below
10,700
Benchmark indices reversed half of Friday's gains
to end the first session of the week lower by half a percent on Monday, dragged
by global weakness due to trade tensions and political uncertainty in Germany.
The 30-share BSE Sensex fell 159.07 points to
35,264.41 and the 50-share NSE Nifty shed 57 points to 10,657.30. About 1,643
shares declined against 966 advancing shares on the BSE.
HDFC Bank, Reliance Industries, ITC, Tata Motors,
Bharti Airtel, Adani Ports and NTPC were losers.
Nifty Midcap index fell 117 points.
HEADLINES OF THE DAY
The Indian rupee corrected 26 paise to 68.73 against the dollar on
demand for American currency.
SML Isuzu sold 1564 vehicles in June 2018 against 1320 vehicles in
June 2017.
Shares of Godrej Consumer Products touched 52-week high of Rs
1,241.95, rising 1.4 percent as Macquarie maintained outperform rating with a
target of Rs 1,285 per share.
Graphite India and HEG shares prices were locked at 5 percent
upper circuit each for the second consecutive session after Macquarie initiated
coverage on both.
TVS Motor Company sold 3.13 lakh units in the month of June 2018,
a growth of 15 percent compared to 2.73 lakh units sold in year-ago month.
The crucial resistance for Nifty spot is now seen at 10790 and
above this 10840. Support for the immediate term is now placed at 10550 next
support will be 10410.
Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
Financial Advisory Company in Indore, Stock Advisory Company in Indore , Equity Tips Free Trading Tips , MCX Tips , sebi registered advisory company , Intraday stock tips , Capitalstars Video Gallery
CapitalStars Provides Free Trial To Our Client
0 comments:
Post a Comment