Thursday, 21 January 2016

Today's Market Trend and Analysis on Stock

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Bulls took charge of Dalal Street as the market rebounded on Thursday after hitting 20-month low in previous session. The Sensex rose 232.66 points or 0.97 percent to 24294.70 and the Nifty rallied 67.35 points or 0.92 percent to 7376.65. Axis Bank, BHEL, SBI, Hindalco Industries, ICICI Bank, Adani Ports and Tata Steel were leading gainers in early trade.

The Nifty futures, trading on Singapore Stock Exchange, was up 50 points or 0.7 per cent suggesting a rebound in Sensex and Nifty.Sentiment is likely to be weak as relentless selling by foreign investors continued on Wednesday. FIIs sold shares worth Rs 1,325 crore in cash markets yesterday, leading to over 400-point fall in Sensex. 


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