Friday 29 May 2015

Sensex ends 58 points down, Nifty above 8,300

Equity trading tips : Sensex ends 58 points down, Nifty above 8,300

Coal India Q4 net seen up 5%, e-auction volume key: Poll

Sahara enters fray for its own Grosvenor hotel

United Spirits gets MCA, I-T dept notices to inspect books

ONGC Q4 profit seen at Rs 6000cr, revenue Rs 21000cr: Poll

Chinese mkt cracks 6.5%; strategist sees volatility ahead

The 30-stock benchmark Sensex ended the day at 27,506.71; down 57.95 points. The broader 50-share Nifty closed at 8,319.00; down 15.60 points.

19 stocks on the Sensex closed the day in red. Sectorally, healthcare index was the top loser, down 1.31%.

Tata Motors was the top gainer on Sensex, up about 3%. Cipla was the top loser, down nearly 3%.

It was another highly volatile day on Dalal Street, with the Sensex slipping over 200 points in intraday trades, getting into green in intraday trade, after a flat opening.

The sentiment turned pretty bearish in afternoon deals after China stocks took a sudden plunge, sinking over 6% on reports that its central bank sold 7-day, 14-day, and 28-day forward repos to financial institutions in recent days at current market interest rates.

Indian markets were volatile also because of F&O expiry as traders roll over positions in the futures & options (F&O) segment from May 2015 series to June 2015 series.

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