Friday, 11 March 2016

Latest Stock Market Updates with Intraday Stock Cash Tips

For Intraday Stock Cash Tips

Adani Ports, Maruti Suzuki, RIL, Axis Bank, Coal India, L&T and HFFC Bank are among the gainers, whereas Sun Pharma, Tata Steel, Bharti Airtel and GAIL are losing sheen on BSE. The BSE Mid-cap Index is trading up 0.39% at 10,302, whereas BSE Small-cap Index is trading up 0.46% at 10,342. 
 
S&P BSE Sensex is trading at 24,735 up 111 points, while NSE Nifty is trading at 7,525 up 39 points.

Some buying activity is seen in realty, capital goods, energy, oil and gas and IT sectors, while consumer durables, basic materials, pharma and telecom sectors are showing weakness on BSE.

Global stocks fell in spite of ECBs stimulus in the form of rate cuts further into negative territory and higher than expected increase in bond buying programme. A run up in stock prices three weeks ahead of the policy, ECB guidance that further cuts will not take place soon and lack of faith in stimulus' ability to boost economic growth were the reasons for the fall in markets.

The ECB cut its key lending rate to zero from 0.05% and pushed the rate on its deposit facility to minus 0.4% from minus 0.3%.

1 comment:

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