Thursday, 20 August 2015

Free Nifty Future Tips on Mobile by Marketmagnify

The S&P BSE Sensex slipped over 100 points in trade on Thursday, led by losses in TCS, Infosys, ICICI Bank, Tata Motors and L&T.The 50-share Nifty index also came under pressure, but managed to hold onto its crucial psychological level of 8450 levels, supported by gains in Pharma, consumer durable, and oil & gas stocks. 

Amtek Auto nose dives 40 pct adding to its 30.6 pct fall on Thursday.Group company Castex Technologies slumps to daily lower limit for 28th consecutive session.Stocks in pressure on continued worries over reports of liquidity issues at the company.NSE to exclude Amtek from derivatives at Oct. series end.Amtek Auto's debt/equity ratio of about 1.5x is among the highest for auto component makers across emerging economies in Asia Pacific, according to StarMine.Amtek reported a widened loss in April-June.

The Sesnsex and Nifty were under pressure in early trade Thursday. The Sensex is down 88.21 points at 27843.43, and the Nifty down 29.70 points at 8465.45. About 352 shares have advanced, 445 shares declined, and 44 shares are unchanged. Sun Pharma, Lupin, Bharti Airtel, Dr Reddys's Lab, Cipla, BPCL, Tech Mahindra are the top gainers, while Hero Motocorp, Tata Steel, TCS, NMDC are top losers.

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