Market Watch

Friday, 25 July 2014

Mid-Day Stock Market Highlights by Money CapitalHeight

The S&P BSE Sensex slipped over 250 points in intraday trade on Friday.The broader Nifty falls 0.79 percent, while the benchmark BSE Sensex is down 0.77 percent after both indexes hit record highs in earlier in the session.
Technology shares down, with       Wipro Ltd  falling as much as 8.12 percent after the company's earnings missed estimates.
Tata Consultancy Services falls 0.36 percent, while Infosys Ltd  is down 1.2 percent.
Hindalco Industries falls 2.8 percent on profit-taking after gains in the last three sessions.
However, defensive stocks such as consumer and healthcare shares gain on portfolio de-risking. Hindustan Unilever adds 2 percent, while Sun Pharmaceutical Industries  gains 3 percent.
Asian shares pulled away from this week's three-year highs on Friday after a mostly flat day on Wall Street, though a fresh S&P closing record and upbeat U.S. employment data underpinned sentiment.

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