Thursday 5 April 2018

Sensex-Nifty slowdown-Sai Proficient

In the early business, the domestic markets are seeing business with slowdown. The move of the Sensex and the Nifty remains flat. In the initial trading, Nifty dived to 10,305.65 while Sensex dropped to 33,554.

Midcap and smallcap stocks are also seen sluggish. BSE's mid-cap index has increased 0.1%, while the mid-cap 100 Index of Nifty is also showing a slight increase of 0.1%. BSE's Smallcap index rose 0.15%.

Metals, PSU banks, auto, IT, capital goods and consumer durables stocks are showing sell-off. Nifty's metal index has dropped 1%. However, buying in pharma, realty and FMCG stocks is show.ing.



Vedanta, Hindalco, Infosys, Tata Motors DVR, Tata Motors, L & T, SBI and Axis Bank have fallen 1.5-0.9% in the gains in the market during this period. However, shares of Adani Ports, Lupine, BPCL, Bajaj Finserv, HPCL, ONGC, Dr Reddy's, ITC and Bharti Airtel have risen 1.7-0.5%.

Among the midcap stocks, Reliance Communications, Adani Enterprises, United Breweries, Godrej Industries and Oberoi Realty have risen 5-1.7%. However, in mid-cap stocks, Vikranti, Shriram Transport, Muthoot Finance, Bank of India and Canara Bank have rallied 5-1%.

Pioneer distilleries, STC, Shobha, MBL Infra and MSR India in smallcap stocks have been strengthened by 17.3-7.7%. However, in smallcap stocks, Magma Fincorp, Sona Koyo, Talwalkar fitness and Kingfah Science have broken 5.9-5%.

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