Wednesday, 28 June 2017

SENSEX ENDS 124 POINTS LOWER, NIFTY BELOW 9,500 A DAY BEFORE EXPIRY

Sensex was trading at 30,857, down 101 points, while Nifty was ruling at 9,498, down 13 points. Indices continued to trade in negative in the afternoon deals as investors stayed on edge ahead of the June F&O expiry. Extending losses for sixth straight session, Nifty slipped below its crucial 9,500 levels as weakness in lenders continued on provisioning worries. Reliance Industries fell as much as 2.5%. Cadila Healthcare rose 1% intraday after it received a US Food and Drug Administration (FDA) nod for Oxybutynin tablets from its Moraiya unit.
GLOBAL MARKET:
Asian stocks were mostly under pressure Wednesday following a weak Wall Street lead as tech stocks faded again and a critical vote to replace Obamacare was delayed, while the euro rallied after European Central Bank President Mario Draghi hinted that the ECB could trim its stimulus this year.European bourses were lower during mid-morning trade on Wednesday, as technology stocks slumped after weakness seen on Wall Street in the previous session. The pan-European Stoxx 600 moved down 0.61% with almost all sectors and major bourses in negative territory. FTSE fell 0.2% whille CAC and DAX shed over 0.5%
TOP GAINERS:
Company
Group
Current Price
% Change
Shakti Pumps (In
B
471.35
+ 12.39
KSB Pumps Ltd.
B
768.00
+ 10.60
Goa Carbons
B
254.40
+ 9.99
MEP Infrastructure
B
115.35
+ 9.60
Suyog Telematics
B
377.90
+ 9.54
Cords Cable Industri
B
116.00
+ 8.61
Seamec Ltd.
B
158.40
+ 8.42
TCI Express
B
477.00
+ 7.83
TOP LOSERS:
Company
Group
Current Price
% Change
Som Distilleries
B
127.00
-5.86
TV Vision
B
237.30
-5.72
Pennar Engineered Bu
B
124.00
-4.47
TPL Plastech Ltd.
B
492.35
-4.21
Bal Pharma Ltd
B
97.10
-3.86
Royal Orchid Hotels
B
104.05
-3.79

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