emfizz.com March 24, 2017

Sensex down 129 points on profit booking

20 March 2017, 08:37 | Jan Cross

Live Stock Market Updates – Nifty tumbles 25 points, Sensex down over 130 points, Idea Cellular rallies 11%

Sensex Nifty European markets Asian markets IT stocks

All indices closed in the red, except Healthcare, FMCG, Consumer Durables and Auto.

In the broader markets, BSE Midcap index slipped 0.1 per cent but Smallcap index rose 0.1 per cent. At 10 AM, the S&P BSE Sensex is trading at 29517 down 131 points, while NSE Nifty is trading at 9133 down 26 points.

The BSE market breadth was marginally bearish - with 1,488 declines and 1,307 advances.

Last week, the equity markets closed with marginal gains and the benchmark NSE Nifty hit another record intra-day high crossing the psychologically significant 9,200-mark for the first time. The BSE Sensex had closed 63 points up at 29,649.

This is published unedited from the IANS feed.

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"Major Asian markets have ended on a mixed note".

A weak dollar in overseas markets and selling of the United States currency by exporters and banks supported the rupee in opening trade, forex dealers said. It strengthened by nine paise to 65.37 against a U.S. dollar from its previous close of 65.46 to a greenback. The stock rallied 11% in opening trade on Monday. Mid-cap index increased 23 points while Small-cap rose 42 points, respectively.

Top gainers in the Sensex-30 pack: Lupin (up 0.8 per cent), Adani Ports (up 0.8 per cent), Cipla (up 0.7 per cent), HDFC Bank (up 0.6 per cent) and HDFC (up 0.5 per cent).

Biggest losers in the 30-share index were Axis Bank (2.41%), ICICI Bank (1.99%), Infosys (1.87%), Tata Consultancy Services (1.82%), Wipro (1.59%), and Reliance Industries (1.56%).

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