Bears lead the way
DSIJ Intelligence / 11 Jan 2016
Following negative sentiments displayed by Asian markets, the Nifty ended lower by 37 points at 7563; and Sensex closed 109 points down at 24825. Majority of the sectors dropped between 0.5-2 percent in a single day.
The NSE 50 and BSE 30 were surrounded by negative sentiments from the global cues. Majority of the sectors dropped in the range of 0.5-2 percent in a single day. However market struggles to recover from lower ends, and has ultimately closed in the red mark. The Nifty ended lower by 37 points at 7563; and Sensex closed 109 points down at 24825. The indices ended in red by 0.4-0.49 percent.
The advance-decline ratio ended on the negative side in today’s session. On the NSE, 1241 shares closed in green, while 1550 shares were in red.
Top 5 Nifty Gainers: Vedanta closed the day as the highest gainer, up by 4.8%. Reliance, Tata Motors, NTPC and Maruti Suzuki were among the others that closed with gains.
Top 5 Nifty Losers: Wipro was down by 3.3% today, followed by Adani Ports, M&M, Tech Mahindra and BHEL which were among the others that closed in losses.
Healthcare was the highest loser among the sectoral indices, down 222 points. Bankex and IT dipped more than 100 points; and Capital Goods and Consumer Durables dipped by 90 points each. Metals, Oil & Gas, Mid-Caps and Small Caps also closed in the negative in the range of 30-50 points.
Among the Asian peers, the Hang Seng market was the highest loser today, down by 565 points. The Shanghai Composite and Nikkei also ended lower by 168 points and 69 points.
Buzzers: Wipro the stock broke the technical level of Rs 545, following which it dropped on the bourses. The stock made a low of Rs 534. Below this level it may see a further dip.
The Nifty futures closed below the psychological level of 7600, indicating the possibility of a further downside in the next trading session.
If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.