Equity benchmarks as well as broader markets erased more than half of early gains as traders seem to be using ‘sell on rally’ strategy due to uncertainty after demonetization and fears of likely Fed rate hike in December policy meet. In opening, the Sensex surged more than 200 points after falling for six consecutive sessions but could not sustain all gains for long. The index was up 93.02 points at 25858.16. The NSE Nifty also reclaimed 8000 level in early trade but failed to hold the same. It was up 32 points at 7961.10 at 10 am. The market breadth was marginally positive as about 1066 shares advanced against 838 declining shares on the BSE.
Today’s Top BSE Gainers : Bajaj Auto, HUL, Maruti Suzuki, Cipla and Relience
Today’s Top BSE Losers : BHEL, Larsen, SBI, NTPC and Gail
Free Intraday Tips :: 22nd November (Tuesday)
- Tantia Constructions has allotted 99.19 lakh shares to the promoters at the rate of 21.26 rupees per share.
- Brigade Enterprises will partnering with Microsoft and Intel in order to benefit its startup business.