Thursday 12 March 2015

Nifty ends below 8700; Bharti up 6%

Equity trading tips

The Nifty extended losses for third straight session and closed below 8,700 led by losses in oil & gas, metals and healthcare sectors. 

The 50-share index ended at 8,697.50, down 14.55 points or 0.17 per cent. It touched a high of 8,755.60 and a low of 8,682.35 in trade today. 

The S&P BSE Sensex ended at 28,642.39, down 67.48 points or 0.24 percent. It touched a high of 28,843.23 and a low of 28,608.18 in trade today. 

The S&P BSE Oil & gas fell 1.01 per cent, the S&P Metal Index was down 1.58 per cent and the S&P BSE Healthcare Index declined 0.90 per cent. 

Hindalco (5.18 per cent), Sesa Sterlite (2.78 per cent), Cairn India (2.75 per cent), Tata SteelBSE -1.88 % (1.96 per cent) and Bank of Baroda (1.83 per cent) were among the major Nifty losers. 

Bharti AirtelBSE 5.97 % (up 6.17 per cent), Tech Mahindra (up 3.14 per cent), NTPC (up 3.03 per cent), M&M (up 2.10 per cent) and Kotak Bank (up 1.94 per cent) were the among the index gainers. 

The market breadth was negative on the NSE with 572 gainers against 931 losers.

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