Thursday, 7 July 2016

Nifty, Sensex could be under pressure - Thursday closing report-The Total Investment & Insurance Solutions

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07  July 2016 

In Tuesday’s closing report we had mentioned that Nifty, Sensex may give up some gains. Today up to 2.00pm the benchmarks moved sideways near to Tuesday’s close. After that, the indices moved higher to hit the day’s high however could not sustain there for long and gave up the gains to close marginally higher. The Total Investment & Insurance Solutions
Indian(The Total Investment & Insurance Solutions)

The indices had risen for six consecutive trading days before falling on Tuesday. The markets were closed on Wednesday for Eid-ul-Fitr.

The 30-scrip Sensex of the BSE, which opened at 27,209.97 points, closed at 27,201.49 points - up 34.62 points or 0.13% from the previous close at 27,166.87 points. The Total Investment & Insurance Solutions

The wider 51-scrip Nifty of the National Stock Exchange (NSE) rose by 1.95 points or 0.02%, at 8,337.90 points. The Total Investment & Insurance Solutions

The Sensex touched a high of 27,288.22 points and a low of 27,146.95 points during the intra-day trade.The Total Investment & Insurance Solutions

Technology stocks, including those in media and entertainment space, came under selling pressure with their sectoral indices losing over 1.5%, even as the indices for fast-moving consumer goods, healthcare and banking sectors closed with gains. The Total Investment & Insurance Solutions

Lupin was the top gainer among the Sensex stocks, with a rise of 6.25% at Rs 1,657.30, followed by Hindustan Lever (up 3.03% at Rs 917.35), Dr. Reddy (up 2.25% at Rs 3,525.15) and HDFC up 2.51% at Rs 1,290.95.

Tata Steel was the top loser, down 4.92% at Rs 317.65, followed by Tata Consultancy, down 2.16% at Rs 2,429.05, Coal India, down 1.96% at Rs 315.45 and Adani Ports, down 1.84% at Rs 210.40.

The top gainers and top losers of the major indices are given in the table below: The Total Investment & Insurance SolutionS
Major Indices(The Total Investment & Insurance Solutions)

The closing values of the major Asian indices are given in the table below: The Total Investment & Insurance Solutions

Asian Market(The Total Investment & Insurance Solutions)



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