Nifty trades up by 8 points
DSIJ Intelligence / 05 Jul 2017
The heavyweight stocks in Nifty like Infosys and HDFC witnessed profit booking during Wednesday’s trade. The weakening of Infosys and HDFC stocks arrested the upward rally of Nifty.
The market has been consolidating for the past few trading sessions. Nifty was trading up by 8 points at 9,621 level in the first half of Wednesday’s trading session.
The heavyweight stocks in Nifty like Infosys and HDFC witnessed profit booking during Wednesday’s trade. The weakening of Infosys and HDFC stocks arrested the upward rally of Nifty.
IT heavyweights, TCS and Wipro were trading weak in the negative territory.The open interest of Infosys and HDFC was down by 3.3% and 2.17%, respectively and their share prices were down by 1.24% and 0.6%, respectively as of 1250 hours.
Meanwhile, there were 1,082 advances, 518 declines and 351 unchanged stocks on NSE, reflecting a positive undertone in the market. Broader market indices were outperforming major indices in the market.
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.