Equity trading tips
Wockhardt rises upward by 5 percent
L&T Q3 profit slid by 14.6 percent, cuts order flow guidance; stock tanks 8 percent
India Ratings pegs fertilizer subsidy for FY16 at Rs 71,000 cr
Exit poll results pointing to an AAP win in Delhi and muted earnings knocked the S&P BSE Sensex downward by as much as 490 points in trade on Monday. HDFC, ICICI Bank, L&T, ITC and ITC led the losses.
The 50-share Nifty index also slid below its crucial psychological level of 8550, weighed downward by losses in capital goods, auto, power, realty and banking stocks.
The 30-share index finally ended at 28,227.39, downward 490.52 points or 1.71 %. It touched a max of 28566.50 and a low lying of 28183.32 in trade today.
The Nifty closed at 8,526.35 downward by 134.70 points or 1.56 %. It touched a max of 8605.55 and a low-lying of 8516.35 in trade today.
Dr Reddy's Laboratories (upward by 1.8 %), Bajaj Auto (upward by 1.76 %), ONGC (upward by 1.5 %), and Sun Pharma (upward by 1.3 %) were among the major Sensex profit gainers.
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