Sell-off continues; Nifty ends below 2800
MUMBAI: Key indices ended in deep red on Tuesday after extending losses for second straight day. Traders unwound positions in sectors like realty, banks and metals space after interim budget turned out to be a non-event. Weakness in global markets also dampened sentiments.
National Stock Exchange’s Nifty ended at 2776.65, down 71.85 points or 2.52 per cent. The broader index bounced back from intra-day lows of 2757.30.
Bombay Stock Exchange’s Sensex ended at 9041.68, down 263.77 points. The index broke the crucial support of 9000 to hit an intra-day low of 8994.34 but crawled back as some buying emerged at lower levels.
None of the stocks from the 30-share index managed to brave the tide.
Tata Steel (-6.85%), Hindalco Industries (-5.19%), DLF (-5.19%), ICICI Bank (-5.11%), Mahindra & Mahindra (-5.1%) and HDFC (-4.83%) dragged the indices lower.
Market breadth on BSE remained extremely weak through the day with 1760 declines outnumbering 619 advances.
(All the figures are provisional)
source: Economictimes
Tags: calls, daytrading, free calls, intraday, tips
Similar Posts:
Latest Query
- by Sam
Market Stats
Search Our Archives
Research Desk
- Stocks Trading above their 50 day moving average - DMA In Stock Research
- Download free Ebooks based on Technical Analysis In Personal Training
- TOP 100 Stocks with the Highest P/E as on July 14th, 2013 In Stock Research
- TOP 100 Stocks with the Lowest P/E as on July 14th, 2013 In Stock Research
- Charting Pathsala - Your guide to Techincals In Technical Analysis
