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The
stock market is still reeling under pressure as the Sensex is down 112.64 points or
0.4 percent at 26655.85. The Nifty is down 38.20 points or 0.5 percent at
8076.50. About 809 shares have advanced, 1212 shares declined, and 129 shares
are unchanged. Coal India, L&T, Axis Bank, Tata Power and Bajaj Auto are
top gainers while Vedanta, Tata Motors, Tata Steel, HDFC and HUL are among the
losers in the Sensex.
The Indian stock market remained under pressure on the first day of the week. The Sensex fell 120.22 points to 26648.27 and the Nifty declined 41 points to 8073.70, dragged by banking & financials, technology, Pharma and select auto stocks. The broader markets, too, declined marginally with the BSE Midcap and Smallcap indices falling 0.4 percent each.
Shares of HDFC, Tata Motors, HUL, Sun Pharma, State Bank of India, Bharti Airtel, Cipla, BHEL and Hero Motocorp declined 1-2 percent. ICICI Bank and HDFC Bank lost 0.8 percent each. Meanwhile, Crude oil prices fell as China's oil imports dropped sharply and markets were expected to be increasingly oversupplied following OPEC's decision to keep its production targets unchanged.
The Indian stock market remained under pressure on the first day of the week. The Sensex fell 120.22 points to 26648.27 and the Nifty declined 41 points to 8073.70, dragged by banking & financials, technology, Pharma and select auto stocks. The broader markets, too, declined marginally with the BSE Midcap and Smallcap indices falling 0.4 percent each.
Shares of HDFC, Tata Motors, HUL, Sun Pharma, State Bank of India, Bharti Airtel, Cipla, BHEL and Hero Motocorp declined 1-2 percent. ICICI Bank and HDFC Bank lost 0.8 percent each. Meanwhile, Crude oil prices fell as China's oil imports dropped sharply and markets were expected to be increasingly oversupplied following OPEC's decision to keep its production targets unchanged.
Indian stock market may be volatile sometime but by using some technical reports we can invest without any risk. For live Comex Tips you can join us.
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