It’s a flat start to the market on this Friday morning, with the Nifty trading around 11,450 in the opening tick, while the Sensex has breached 38,000.
At 09:15 hrs IST, the Sensex was up 6.56 points or 0.02% at 38030.93, while the Nifty was down 6.30 points or 0.05% at 11464.40. The market breadth is positive as 394 shares advanced, against a decline of 176 shares, while 55 shares were unchanged.
Investors are booking profits in banks as well as indulging in fence-sitting ahead of State Bank of India’s results. IT and metal stocks are witnessing some strength, while the midcap index is trading flat with a positive bias.
Shares of Jet Airways tanked 10 percent after the airline has deferred its results and its audit panel refused approval to its results.
After days of rally, the market seems to be in a breather mode on this Friday morning. The Sensex has given up 38,000-mark, while the Nifty is hovering around 11,450. Banking stocks are taking a hit on the back of some profit booking. Apart from that, auto stocks are gaining on the back of a surge in Eicher Motors. Investors bet on the stock after it declared strong Q1 results. Shares of Jet Airways has seen some recovery after a fall of 14 percent. It is now trading 6 percent lower.
The Sensex is down 84.35 points or 0.22% at 37940.02, and the Nifty down 29.90 points or 0.26% at 11440.80. About 912 shares have advanced, 1014 shares declined, and 108 shares are unchanged.
Missed call
@8817002233,WHATSAPP NO. 8602780449
Mail Us =
starindiamarket@gmail.com
No comments:
Post a Comment