Tuesday 3 April 2018

Today's Stock Market Trading Tips-Sensex, Nifty trade mildly lower amid weak global cues; SBI maintains lead

The market has begun the day on a mildly lower note, with the Nifty holding on to the 10,200-mark in the opening minutes. The Sensex was trading almost flat.
The Sensex is down 17.92 points or 0.05% at 33237.44, while the Nifty is down 4.60 points or 0.05% at 10207.20. The market breadth favours the negative as 268 shares advanced, against a decline of 295 shares, while 80 shares were unchanged.

PSU banks are outperforming all sectors after the RBI on Monday announced that lenders could spread bond trading losses over four quarters. The Nifty PSU bank index was up 2 percent.
There is some weakness seen in Nifty metal and pharma along with IT indices. Meanwhile, the midcap index is trading mildly lower.
Shares have continued to trade in the flat terrain, with the Nifty holding on to 10,200-mark.
The Sensex is up 29.41 points or 0.09% at 33284.77, while the Nifty is up 4.70 points or 0.05% at 10216.50. The market breadth is positive as 1256 shares advanced against a decline of 720 shares, while 110 shares are unchanged.
SBI, Yes Bank, Indiabulls Housing and HPCL have gained the most, while Wipro, Adani Ports, Tech Mahindra and Hindalco were the top losers.
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