29 May 2014

Watch AfterNoon Intraday Market Hightlights for Day Trading

The Intraday market is struggling ahead of the F&O expiry later today and amid sell-off in index heavyweight Infosys. The Sensex is down 174.36 points at 24381.73 and the Nifty is down 41.45 points at 7288.20. About 1326 shares have advanced, 1384 shares declined, and 102 shares are unchanged. NTPC, Dr Reddy's Labs, M&M, Tata Power and SBI are top gainers in the Sensex. Besides Infosys, other losers are Wipro, Sesa Sterlite, HDFC Bank and Hindalco.
Shares of ONGC, BHEL, Hindalco Industries and Cipla declined 0.6-2 percent ahead of fourth quarter earnings today. Index heavyweight Reliance Industries slipped 0.8 percent while private sector lenders ICICI Bank and HDFC Bank fell 0.3 percent and 0.7 percent, respectively.
Asian Intraday shares inched up to a one-year high while global bond prices surged, pushing their yields to multi-month lows, supported by expectations of easier monetary policy from the European Central Bank.
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