Sensex down 256 points in this environment is broken. While the Nifty slipped below 7,950.
The first day of the last week of the year for the stock market continues to go down. Poor global cues and heavy selling by FIIs in the market to continue to decline.
Share Market Tips: Sensex down 256 points in this environment is broken. While the Nifty slipped below 7,950.
Open market fell
On Monday, the first day of the last week of the year the stock market crashed open. The Sensex opened 50 points down at 25992.41 points, down 20 points and the Nifty opened at 7965.10.
BSE Midcap and Smallcap declined. The BSE Midcap Index was down 0.95 per cent while the Nifty Midcap Index fell 0.91 per cent. BSE Smallcap index lost 0.73 percent.
Metal index Nifty lost 1.54 percent to 0.80 percent, while Bank Nifty, Nifty PSU Bank Index fell 1.22 percent.
What stocks fall in Sensex
Axis Bank, Adani Ports, Cipla, SBI and HDFC declined.
What stocks Gained
Loopin, Dr Reddy's Labs, Maruti and Reliance companies' stocks gained.
Asian markets lower, Nikkei dropped 0.2 per cent
On Monday, the first trading day of the last week of 2016, the Asian markets are trading mixed. Japan's market fell 0.2 percent in early trade, with Nikkei is near 19395.99. SGX Nifty 36 points, or 0.5 per cent, although the level of 7960 has arrived.
Free Intraday Tips: Hang Seng and Straits Times closed today. Korean market moves Kospi index is flat, but Taiwan's index rose 0.2 percent. The Shanghai Composite fell 1 percent strongly.
BSE to introduce 6-yr govt bond futures from Dec 30
Leading stock exchange BSE will introduce new interest rate futures (IRF) contracts from December 30 on 6-year government bonds maturing in 2022.
Future Tips: The IRF contract is based on 6.84 per cent central government security maturing on December 19, 2022, and will be available for trading from December 30 this year.
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by TradeIndia Research (few months ago!)