You can subscribe our
equity market services at reasonable package and then get up to intraday basis
calls every day, we provide you Indian Stock Market Tips through our SMS
facility and company messenger lab. This unique facility can reduce the time
you would invest in doing research on various stocks. We provide all Indian
Share Market Services through SMS and Instant Messenger. For 2 Days Free Trial,
please visit our site at www.capitalheight.com/services.php or Call at
0731-6615050, 9993066624
============================================
============================================
The Indian stock market ended notably lower today, with
weakness in global markets, concerns about Chinese economic growth and the
rupee's sharp fall hurting sentiment. The Sensex ended down 235.63 points or
0.84% at 27,866.09. The Nifty closed at 8462.35, down 63.25 points or 0.74%. Metal
stocks were among the worst hit.
Hindalco, too, fell 3 percent after Novelis posting loss of USD 60 million in June quarter. Tata Motors, SBI, ICICI Bank, NMDC (post weak earnings) and HDFC lost 1-3 percent. However, Tata Steel rallied 2.63 percent and Sun Pharma gained 2.43 percent after Q1 earnings. Infosys, TCS, Wipro and Tech Mahindra rallied on sharp fall in rupee.
The Indian rupee fell sharply in early trade on China's yuan devaluation. The currency has opened at 64.55 a dollar. Bank, automobile, capital goods, oil, realty and power stocks too ended notably lower. FMCG and consumer durables stocks found some support at lower levels.
Pharma stocks turned in a mixed performance, while IT stocks moved up. While select midcaps saw some buying, small caps were mostly weak. The market breadth was weak. Crude oil prices fell again as China allowed its currency to fall sharply for a second day, triggering concerns over the country's economic health.
Hindalco, too, fell 3 percent after Novelis posting loss of USD 60 million in June quarter. Tata Motors, SBI, ICICI Bank, NMDC (post weak earnings) and HDFC lost 1-3 percent. However, Tata Steel rallied 2.63 percent and Sun Pharma gained 2.43 percent after Q1 earnings. Infosys, TCS, Wipro and Tech Mahindra rallied on sharp fall in rupee.
The Indian rupee fell sharply in early trade on China's yuan devaluation. The currency has opened at 64.55 a dollar. Bank, automobile, capital goods, oil, realty and power stocks too ended notably lower. FMCG and consumer durables stocks found some support at lower levels.
Pharma stocks turned in a mixed performance, while IT stocks moved up. While select midcaps saw some buying, small caps were mostly weak. The market breadth was weak. Crude oil prices fell again as China allowed its currency to fall sharply for a second day, triggering concerns over the country's economic health.
No comments:
Post a Comment