Thursday, 26 February 2015

Nifty slips ahead of F&O expiry, Rail Budget; Sesa gains

The market remained under pressure ahead of expiry of February derivative contracts and Railway Budget today. The Sensex declined 63.44 points to 28944.55 and the Nifty fell 17.40 points to 8749.85.

The broader markets declined too; the BSE Midcap and Smallcap indices lost 0.2 percent each. About 830 shares have advanced, 1067 shares declined, and 177 shares are unchanged on the BSE.

Neelkanth Mishra, Credit Suisse says in the last ten days, the refrain "Budget will disappoint" has been heard often, tempering some of the high expectations. However, both the earlier excitement and the reversal have been rather vague in terms of concrete expectations, he adds.

"We expect a growth-boosting stimulus: a rise in non-defence capex & believe an FRBM push-out, if for the right reasons would not hurt yield much," Mishra says.

Infosys, Sun Pharma, Bajaj Auto and Hindalco Industries declined 1-1.8 percent followed by HDFC Bank, L&T, Axis Bank, SBI, HUL, Dr Reddy's Labs, Maruti and Cipla with 0.4-0.8 percent loss.

However, Sesa Sterlite gained 1.7 percent as Goa CM Laxmikant Parsekar says Ministry of Environment, Forest will lift suspension of Goa’s mining leases within a week.

HDFC, ICICI Bank, ONGC, Reliance Industries, Tata Motors and BHEL climbed 0.3-0.9 percent. More information please visit this site www.bigprofitbuzz.com

5 comments:

pranjali upadhyay said...

Bharti Airtel selling up to $415 million in shares of tower unit .
Equity Trading Tips

Priya Agrawal said...

The MCX Silver March future extended yesterday's gains and opened with a surge of almost Rs 200 at Rs 36,455 following the international Silver prices.
MCX Commodity Tips

poonam kumari said...

BGPROFITBUZZ a very famous brand in advisory of Indian stock market who gives advice in all segments like equity, future, option, nifty, options & commodity. RSI is 60.2. , Nifty FuturesAccording to RSI analysis, nifty is technically strong. MACD: 83.8 and Signal Line: 81.6. According to MACD analysis, nifty is technically strong. According to simple moving average analysis, nifty is in a strong uptrend. Major support levels are 8773.858, 8489.689, 7966.155.According to exponential moving average analysis, nifty is in a strong uptrend. Major support levels are 8722.806, 8566.583, 7944.81.%b is 0.63.According to Fibonacci retracement, price is above all levels. Major support is at 8601.1345 and 8478.975. Resistance level is 8996.6.ATR: 109 ADX is 23.4 which means NIFTY is in a trading range and there is no trend. For further updates you can visit our website www.bigprofitbuzz.com

sonal kumari said...

Feature amusements offer you a ton, from helping you with grades to helping you play an extraordinary soccer game to simply unwinding. The accompanying article will offer you incredible thoughts to discovering the best amusements, getting to the following levels and how to take advantage of your play. popular android apps When somebody needs to buy a feature diversion comfort, there are a lot of decisions. Before you pick one, you ought to consider a couple of things. One thought is which one has the most games that you or your child need to play. Ponder the amount of memory a particular support has. There are numerous download alternatives for most games and this substance can fill a hard drive rapidly. The key is verifying that the support itself has a sufficient measure of memory. android apps free download

Amit kumar said...

As extra and a considerable measure of clients get to the net and World Wide net from their hand-held gadgets, it is a genuine sympathy toward entrepreneurs to make their sites Android-accommodating. android apps free download In distinctive case they require relevant android applications for his or her business so they don’t lose the extensive lump of their clients who are android clients. game playing softwareThat is the reason; android application improvement organizations comprising of gifted android application create are high popular recently.many individuals may astound that why interest for android handsets and android advancement is expanding step by step. The arrangement is, ‘because of shifted variables’. These components are as per the following. www.appsmine.org