Friday, 6 November 2015

NIFTY SENSEX BOTH STRUGGLE AND ENDS ON RED

Friday's trade before ending the day in the red, as worries over the actual outcome of Bihar election. It was the second consecutive week of negative closing for the market.

Sensex slipped 39 points, or 0.15 percent, during the day to close at 26,265 while the 50-stock barometer Nifty50 ended the day at 7,954, down 1.15 points, or 0.01 percent.

The market thinks it will be hard for the Modi government to win the Bihar election. That, coupled with somewhat in-line results, are weighing on sentiments," said Aneesh Srivastava, Chief Investment Officer at IDBI Federal Life Insurance.

BUZZING STOCKS TODAY

  • SBI surged over 4 percent in intraday trade.
  • Bank of Baroda gained 4 percent in intraday trade.
  • Motherson SumiBSE 9.59 % gained over 8 percent in intraday trade.
  • Godrej Consumer Products rallied over 5 percent in intraday trade.
  • IDFC cracked over 7 percent in intraday trade
  • Dr Reddy's slipped over 15 percent in intraday trade
  • PFC Finance was down over 8 percent in intraday trade.  
  • DEN slumped over 9 percent in intraday trade.

3 comments:

  1. The market ended wih minor losses as the Sensex was down 38.96 points at 26265.24. The Nifty slipped 1.15 points at 7954.30. About 1050 shares advanced, 1620 shares declined, and 139 shares were unchanged.

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