Market Watch

Thursday 16 October 2014

Morning Stock Trading Tips & News by Money CapitalHeight


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Equity benchmarks continued to consolidate ahead of Maharashtra and Haryana assembly elections results. 
The Sensex rose 5.10 points to 26354.43 while the Nifty declined 6.90 points to 7857.10. About 828 shares have advanced, 1034 shares declined, and 89 shares are unchanged.
The barometer index, the S&P BSE Sensex was currently down 24.62 points or 0.09% at 26,324.71. The market breadth indicating the overall health of the market was negative.
The S&P BSE Sensex managed to recoup losses but was still trading in a range on Thursday, led by losses in RIL, ONGC, L&T, M&M and Sesa Sterlite.
Tracking the momentum, the 50-share Nifty index also managed to bounce back from lows but and was trading flat, near its crucial psychological support level of 7850.
The 30-share index was at 26340.54, down 10 points or 0.04 per cent. It touched a high of 26,462.08 and a low of 26,248.47 in trade today.

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