Indices Close At Lower End, DLF Down By 5%
Suparna / 28 Jul 2014
The markets continued to witness its profit booking trade in today’s session. Most of the indices closed in the negative territory. However Consumer Durables, FMCG and Health Care closed on a positive note. The 50 share Nifty index closed down by 41 points at 7748 and the Sensex ended the day at 25991, down by 135 points.
The markets continued to witness its profit booking trade in today’s session. Most of the indices closed in the negative territory. However Consumer Durables, FMCG and Health Care closed on a positive note. The 50 share Nifty index closed down by 41 points at 7748 and the Sensex ended the day at 25991, down by 135 points.
The advance-decline ratio on NSE was on the negative side as the day ended with 1730 shares in green and 1835 shares in the red zone.
Top Nifty Gainers: HUL gained 3.47% in today’s trade, followed by HCL Tech, Cairn India, PNB and BHEL.
Top Nifty Losers: DLF closed the day lower by 5.08%, followed by Coal India, BPCL, Ambuja Cement and UltraTech Cement.
Most of the sectoral indices closed on a negative note. Metals tanked by 199 points, followed by Bankex, Oil & Gas and Capital Goods, which witnessed a negative trade, down by 100 each. However safe sectors like Consumer Durables, FMCG and Health Care closed on the higher end.
All the major Asian markets closed the day on a positive note. Hang Seng closed up by 212 points, whereas Nikkei index closed up by 71 points. KOSPI and Shanghai also closed in the positive territory.
Buzzer: HUL was up by more than 3.47% on the bourses today and closed near the technical level of Rs 690. If the stock opens above this level, it may touch the Rs 710/725 mark in the next few sessions.
Nifty Future closed giving a bearish indicator in daily charts as it closed below the technical level of 7750. Going ahead 7680/7650 will act as vital support levels.
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