Tokyo shares opened lower Thursday following US losses, while investors locked in profits after recent market gains. central bank on a path for interest rates to stay higher for longer. Downside markers may be pushed higher towards 17,835/45 for intraday trades, but just as we maintained yesterday, there are not enough signs of topping out, for which reason, we will continue to maintain the 17,660 region as the main reversal point.”Īsian shares tracked lower on Thursday, in step with Wall Street’s losses, as even the prospect of a less aggressive Federal Reserve has still set the U.S. Favoured view continues to expect Nifty to head into the 18,100-18,200 before any major attempt to reverse.
Besides, shares of Unitech gained over 3 per cent after the apex court asked board to upload completion timeline of stalled projects.Īnand James – chief market strategist at Geojit Financial Services, said: “As we re-approach the psychological mark of 18k, the evolution of VIX would be crucial. Nifty Pharma and Nifty Bank, however, were the losers among the pack.Īmong individual stocks, shares of Sona Comstar shed over 4 per cent after block deal. Sector-wise, Nifty PSU Bank and Nifty Realty were the winners. Meanwhile, Dr Reddy’s, Sun Pharma, Wipro, Tech Mahindra weighed on the indices. Frontline indices Nifty50 declined over 30 points to trade below 17,950 levels and the S&P BSE Sensex dropped 100 points at 60,160 levels.īroader markets, however, inched up as Nifty Midcap 100 and Nifty Smallcap 100 surged up to 0.2 per cent.īajaj Twins, Power Grid, Bharti Airtel, and Ultratech Cement were top contributors to the benchmark indices. Sensex Today: Indian equity markets opened on a tepid note on Thursday morning ahead of the weekly F&O expiry amid weak global cues. Detailed Terms and Conditions are available on. Stock prices data is sourced from BSE and is 5 mins delayed data. Detailed information on Statutory Disclosure available on Terms of Use page. Disclosure: We have also not received any complaints in the past month regarding our services (refer table for data in SEBI prescribed format). Disciplinary History: SEBI has not imposed any penalties against the company or its directors for any economic offence and / or for violation of any securities laws, either in respect to advisory services being offered by us, or any other matter related to capital market, as on date. We do not have any affiliation with any other intermediaries and we do not advise any broker to our clients for executing their trades as well. Clients are required to handle their funds on their own, with their respective stock brokers and they themselves are responsible for executing the trades at their own end.
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