Tuesday, February 16, 2016

MARKET SUMMARY OF 16 FEB 2016

The Sensex opened at 23,689, touched an intra-day high of 23,692 and low of 23,165. It finally ended with a loss of 362 points at 23,191.The  Nifty opened at 7,201 hitting a high of 7,205 and low of 7,038, before ending with a loss of 115 points at 7,048. The sharp selloff pushed the Nifty50 below its crucial support level of 7,100, which closed marginally above 7,000. The index has an important support at 6,936-7,050 level and if it slips below that, further correction cannot be ruled out. All the sectoral indices ended with losses. The Capital Goods index was the top loser, followed by BSE realty, telecom, oil & gas and healthcare index. Consumer durables, banking, auto and FMCG index was among the other major losers. Even the Small-Cap and Mid-Cap stocks were not spared.
TOP GAINERS:
Adani Ports, NTPC, Hero MotoCorp, Power Grid, IndusInd Bank, Dr.Reddy's Lab and Cairn India
TOP LOSERS:
SBI, ZEEL, Bank of Baroda, PNB, Vedanta, Tata Motors and BHEL 

No comments:

Post a Comment