The effect of weak International signals has been clearly seen on the domestic market. The market opened with a decline of more than In0.5 per cent . In the early hours of trade,Sensex fell by more than 160 points. While Nifty reached below the level of 6750 .
However, markets are careful at lower levels . At 9:23 pm , the Sensex fell 108 points reached 22607 and Nifty at 6761 , down 36 points .However,Midcap and Smallcap stocks are seems to be weak.
Realty and bank stocks are broke by 1 per cent . Metal , capital goods , power , auto share are down by 1 to 0.5 per cent . Oil & gas , consumer durables , FMCG , IT , technology stocks are weaker . However , Healthcare stocks are strong around 0.5 per cent .
In Nifty shares IndusInd Bank, DLF , Hindalco , PNB , Bank of Baroda , ICICI Bank , SBI , Axis Bank , Tata Steel , Jindal Steel , L & T , Maruti Suzuki , Coal India , ACC , HDFC , M & M , Sterlite , Sesa fell by 2.3 to 1 per cent.
Giant stock like Sun Pharma , Cairn India , BPCL , Cipla , Lupin ,Asian paints shows 1 to 0.25 per cent growth. NMDC and ONGC are seem to have a slight edge .
Asian markets shows a weaker trend.Nikkei brokes by nearly 2.5 per cent . Cospi and Taiwan index fell by 1 per cent . Hang sang and SGX Nifty fell by 0.75 and 0.5 percent respectively.The Shanghai Composite and Straits Times are also weak .
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However, markets are careful at lower levels . At 9:23 pm , the Sensex fell 108 points reached 22607 and Nifty at 6761 , down 36 points .However,Midcap and Smallcap stocks are seems to be weak.
Realty and bank stocks are broke by 1 per cent . Metal , capital goods , power , auto share are down by 1 to 0.5 per cent . Oil & gas , consumer durables , FMCG , IT , technology stocks are weaker . However , Healthcare stocks are strong around 0.5 per cent .
In Nifty shares IndusInd Bank, DLF , Hindalco , PNB , Bank of Baroda , ICICI Bank , SBI , Axis Bank , Tata Steel , Jindal Steel , L & T , Maruti Suzuki , Coal India , ACC , HDFC , M & M , Sterlite , Sesa fell by 2.3 to 1 per cent.
Giant stock like Sun Pharma , Cairn India , BPCL , Cipla , Lupin ,Asian paints shows 1 to 0.25 per cent growth. NMDC and ONGC are seem to have a slight edge .
Asian markets shows a weaker trend.Nikkei brokes by nearly 2.5 per cent . Cospi and Taiwan index fell by 1 per cent . Hang sang and SGX Nifty fell by 0.75 and 0.5 percent respectively.The Shanghai Composite and Straits Times are also weak .
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