24 September 2015

Intraday Tips Live Updates ; Nifty opens below 7850 on F&O expiry day

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The Intraday market is sluggish on September F&O expiry day. The Sensex is down 81.52 points or 0.3 percent at 25741.47 and the Nifty slips 18.90 points or 0.2 percent at 7827.05. About 970 shares have advanced, 661 shares declined, and 74 shares are unchanged. Lupin, NTPC, Sun Pharma, Bajaj Auto and HUL are top gainers while ICICI Bank, HDFC, Axis Bank and Tata Steel are major losers in the Sensex.
Lupin, Maruti, Dr Reddy's Labs, M&M and Bajaj Auto are top gainers while ONGC, Reliance, L&T, Coal India and Vedanta are major losers. Oil prices edged up on Thursday after taking a hit in the previous session in response to a mixed US stockpiles report, but analysts warned that headwinds remained in place for the under-pressure commodity.
Key benchmark indices pared losses after hitting fresh intraday low in morning trade. At 10:16 IST, the barometer index, the S&P BSE Sensex, was down 85.16 points or 0.33% at 25,737.83. The 50-unit CNX Nifty was down 12.90 points or 0.16% at 7,833.05. High volatility was witnessed as traders rolled over positions in the futures & options (F&O) segment from the September 2015 series to October 2015 series ahead of the expiry of the near month September 2015 contracts.

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