Indices Closed Flat, Bharti Airtel Down By 5.7 %.
Suparna / 27 Mar 2015
The Indian markets witnessed some sideways session in today’s trade after sharp fall witnessed in yesterday’s session. The sectoral indices like Bankex and Capital Goods recovered from their lower ends and were up by more than 200 points each. However Healthcare and Oil & Gas continued with the negative scenario and were down around 130 points each. The Nifty closed flat and was down by 0.75 point at 8341 while Sensex was up by 1 point and closed at 27458 at the closing bell.
The Indian markets witnessed some sideways session in today’s trade after sharp fall witnessed in yesterday’s session. The sectoral indices like Bankex and Capital Goods recovered from their lower ends and were up by more than 200 points each. However Healthcare and Oil & Gas continued with the negative scenario and were down around 130 points each. The Nifty closed flat and was down by 0.75 point at 8341 while Sensex was up by 1 point and closed at 27458 at the closing bell.
The advance-decline ratio on NSE was on a negative side, as the day ended with 1074 shares in green and 1787 shares in the red zone.
Top Nifty Gainers: IDFC closed the day higher by 3.89%, followed by Hindalco, SBI, L&T and Infosys.
Top Nifty Losers: Bharti Airtel closed the day lower by 5.79%, followed by Idea, Cairn India, Wipro and HCL Tech.
The sectoral indices performance was mixed in today’s session. Bankex and Capital Goods stocks saw good recovery and were up by more than 200 points. This was followed by Auto and IT index that were up around 80 points and 58 points respectively. While Healthcare and Oil & Gas closed in negative territory, down more than 100 points each.
The Asian markets continued with negative scenario. The Nikkei market showed down moves by 185 points. This was followed by Taiwan and Hang Seng market that was down by 115 points and 10 points respectively. However the Shanghai Composite and Taiwan market saw nominal positive trades.
Buzzer: Bharti Airtel was down by more than 5.5% on the bourses today and closed down at the technical level around Rs 375. If the stock opens below this level, it may touch Rs 369/360 mark in the next few sessions.
The Nifty Future saw some selling pressure however its managed to closed above 8400 mark. Going ahead, 8390/8360 will be immediate vital supports for nifty future.
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