Tuesday, 22 March 2016

Daily Equity Market Strategy – Nifty slips below 7700

At 9:34 AM, the S&P BSE Sensex is trading at 25,242 down 43 points, while NSE Nifty is trading at 7,683 down 21 points.

The BSE Mid-cap Index is trading up 0.28% at 10,473, whereas BSE Small-cap Index is trading down 0.21% at 10,470.

BHEL, Lupin,  Sun Pharma, Tata Steel, M&M, Coal India, Maruti Suzuki and RIL are among the gainers, whereas Adani Ports, HDFC, Infosys, Wipro, Hero MotoCorp and Asian Paints are losing sheen on BSE.

Some buying activity is seen in capital goods, realty, energy, consumer durables and metal sectors, while IT, fmcg, banking and Teck sectors are showing weakness on BSE. 

The Indian rupee opened marginally down by 6 paise at 66.58/$ on Tuesday as against the previous close of 66.53/$.


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