The key indices kick-started trade on a flattish note with Sensex in green and Nifty in red. Thereafter, the bourses witnessed a range-bound session mostly in red and were trying to recover in the green. However, with the announcement of monthly inflation data, the bourses slipped back in red. India’s May WPI inflation came in at 7.55% versus 7.23% in April. Nifty closed at 5055 with a loss of 67 points while Sensex ended the day at 16678 losing 203 points. Except IT and Teck, all the sectoral indices closed in the negative. Power, Capital Goods, Banking and Realty were the biggest laggards with over two percent loss. The market breadth was weak and two stocks were seen advancing against every five declines. Find out more at :http://www.facebook.com/bmawealth?sk=app_206541889369118
No comments:
Post a Comment