Sunday 15 April 2018

Recovery, Sensex and Nifty down 0.25% on lower levels-Sai Proficient

The domestic markets have started with decline. The Nifty slipped below the 10,400 in the initial trade, whereas the Sensex has seen a weakness of around 300 points. However, there is good recovery in the Sensex and Nifty from the lower levels. Sensex and Nifty are trading down 0.25%.

Selling is also seen in mid-caps and smallcap stocks. The BSE mid-cap index has dropped by 0.15%, while the mid-cap index of the Nifty has dropped 0.3%. BSE's smallcap index has dropped 0.3%. During the business turnover, Infosys, Tata Motors, Tata Motors DVR, Wipro, Axis Bank and Gail have fallen 4.2-1%. However, Cipla, Indiabulls Housing, ITC, Mahindra & Mahindra, Grasim, L & T, Bajaj Auto and Hero Moto have jumped 1.4-0.5% in the giants.



Among the mid-cap stocks, Endurance Tech, Tata Communications, CG Consumer and JSW Energy have risen 1.9-1.1%. However, home finance, GE T & D, Indian Hotels, Jindal Steel and Ashok Leyland have risen 5.2-1.6% in the midcap stocks.

Talwalkars fitness in smallcap stocks, UCO Bank, Bhansali Engineering, Vakrangi and Pincone Spirit are broken up to 10-5%. However, Andrew Yule, Indiabulls Ventures, Home Finance, Future Enterprises DVR and IoL Chemicals have been strengthening up to 6.8-5% in smallcap stocks.

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