Tuesday 5 December 2017

Stock Market Trading Tips-Sensex, Nifty trade lower after Fitch cuts FY18 India growth forecast

Equity benchmarks opened mildly lower on Tuesday following tepid Asian cues. Investors remained cautious ahead of mid-term review of foreign trade policy due later today and RBI policy tomorrow.

The 30-share BSE Sensex was down 68.74 points at 32,800.98 and the 50-share NSE Nifty declined 19.30 points to 10,108.50.
Wipro, NTPC, IOC, Tech Mahindra, Power Grid, ONGC, L&T and HDFC Bank were early losers while Bosch, Bharti Airtel, HPCL, BPCL, Kotak Mahindra Bank, Tata Motors, M&M and Maruti Suzuki were gainers.
Nifty Midcap was down 0.2 percent.
Future Retail, Ashok Leyland, Reliance Communications and Jaiprakash Associates fell 1-5 percent.
Bharat Forge and Transformers and Rectifiers gained 2-4 percent.

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