Choppy markets end on red mark
DSIJ Intelligence / 18 Nov 2016
The Indian markets witnessed a good recovery in the morning-session today. However market witnessed some profit booking on the higher level. On the closing buzz the Nifty index was down by 6 points at 8074; and the Sensex was down by 77 points at 26150. Both the indices were seen trading on a flat note by 0.07- 0.3 per cent each.
The Indian markets witnessed a good recovery in the morning-session today. However market witnessed some profit booking on the higher level. On the closing buzz the Nifty index was down by 6 points at 8074; and the Sensex was down by 77 points at 26150. Both the indices were seen trading on a flat note by 0.07- 0.3 per cent each.
On the NSE, the advance-decline ratio is indicating positive as there were 28 advances and 23 declines.
The Healthcare and Oil & Gas index witnessed massive recovery as they closed up by 192 points and 167 points, respectively. While Mid-caps and Small-Caps provided some support and closed in positive territory. However, Bankex, Consumer Durable and Metal closed on a negative note.
In the Asian markets, the Nikkei closed up by 104 points. The Hang Seng index ended up by 81 points. While the Taiwan and KOSPI ended on a negative note.
European markets were also trading in negative scenario.
Derivative Analysis
Nifty future closed above 8000 level, will be trade deciding factor going ahead.
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