KFA >>>>>>>>>>>>ZOOMEDNIFTY TOUCHED 5000
Markets witnessed sharp profit booking from higher levels led by Reliance and closed absolutely flat. Nifty after crossing 5000 mark in the first half of the trade, closed at 4965, up 7 points, while Sensex gained 34 points to finish at 16711. Indian markets underperformed all other Asian markets in today’s trade. Reliance Ind. slumped 4.5% to close at Rs. 2086 after its subsidiary firm sold 1.05 cr. shares in a block deal at an average price of Rs. 2125 per share. Inflation for the weekend September 5th came in at 0.12% as against -0.12% for the previous week. European markets were trading higher by nearly 0.5%, led by strength in banks and commodity stocks. US stock indices futures were marginally in the green ahead of the Housing Starts and Jobless Claims data.
BSE Oil & Gas was the top loser among the sectoral indices, shedding 2.9%, followed by Realty index, which lost 0.9%. Teck and IT indices gained 1.9% each. Reliance was the worst performer among the Sensex stocks, plunging 4.4%, followed by Tata Steel, which lost 2%. ACC and Hindalco were the top gainers, putting on 3.6% each
Markets witnessed sharp profit booking from higher levels led by Reliance and closed absolutely flat. Nifty after crossing 5000 mark in the first half of the trade, closed at 4965, up 7 points, while Sensex gained 34 points to finish at 16711. Indian markets underperformed all other Asian markets in today’s trade. Reliance Ind. slumped 4.5% to close at Rs. 2086 after its subsidiary firm sold 1.05 cr. shares in a block deal at an average price of Rs. 2125 per share. Inflation for the weekend September 5th came in at 0.12% as against -0.12% for the previous week. European markets were trading higher by nearly 0.5%, led by strength in banks and commodity stocks. US stock indices futures were marginally in the green ahead of the Housing Starts and Jobless Claims data.
BSE Oil & Gas was the top loser among the sectoral indices, shedding 2.9%, followed by Realty index, which lost 0.9%. Teck and IT indices gained 1.9% each. Reliance was the worst performer among the Sensex stocks, plunging 4.4%, followed by Tata Steel, which lost 2%. ACC and Hindalco were the top gainers, putting on 3.6% each
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