Market Updates for Today: Nifty rangebound after S&P's downgrade; December inflation at 7.47%
The National Stock Exchange's Nifty was moving in a narrow range with negative bias due to lack of buying interest after Standard & Poor's downgraded nine Euro zone nations.
The National Stock Exchange's Nifty was moving in a narrow range with negative bias due to lack of buying interest after Standard & Poor's downgraded nine Euro zone nations.
The Bombay Stock Exchange's Sensex was at 16087.55, down 67.07 points or 0.42 per cent. The 30-share index touched intraday high 16127.11 and low of 16037.60 Intraday.
Nifty losers included Reliance Power (-3.19%), Kotak Bank (-2.81%), Jaiprakash Associates (-2.56%), Sun Pharmaceuticals (-2.39%) and Sesa Goa (-2.23%).
Tata Consultancy Services (2.24%), Infosys Technologies (1.66%), HCL Technologies (1.63%), IDFC (1.57%) and Tata Power (1.46%) were the major gainers.
Market breadth was negative on the NSE with 615 gainers against 797 losers.
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COMMODITY UPDATES FOR TODAY 16 JAN:
While gold rose by Rs 50 to Rs 27,890 per 10 grams, silver added Rs 150 to Rs 52,150 per kg.
Traders said fresh buying by stockists and jewellers to meet the marriage season demand in tandem with a firming global trend, led to the rise in precious metal's prices.
In Singapore, gold rose by $4.30 to $1,644 an ounce and silver gained 0.07 per cent to $29.79 an ounce.
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The National Stock Exchange's Nifty was moving in a narrow range with negative bias due to lack of buying interest after Standard & Poor's downgraded nine Euro zone nations.
The National Stock Exchange's Nifty was moving in a narrow range with negative bias due to lack of buying interest after Standard & Poor's downgraded nine Euro zone nations.
The Bombay Stock Exchange's Sensex was at 16087.55, down 67.07 points or 0.42 per cent. The 30-share index touched intraday high 16127.11 and low of 16037.60 Intraday.
Nifty losers included Reliance Power (-3.19%), Kotak Bank (-2.81%), Jaiprakash Associates (-2.56%), Sun Pharmaceuticals (-2.39%) and Sesa Goa (-2.23%).
Tata Consultancy Services (2.24%), Infosys Technologies (1.66%), HCL Technologies (1.63%), IDFC (1.57%) and Tata Power (1.46%) were the major gainers.
Market breadth was negative on the NSE with 615 gainers against 797 losers.
Tomorrows Stock Market Live Tips CLICK HERE & SUBSCRIBE !!!!!
COMMODITY UPDATES FOR TODAY 16 JAN:
While gold rose by Rs 50 to Rs 27,890 per 10 grams, silver added Rs 150 to Rs 52,150 per kg.
Traders said fresh buying by stockists and jewellers to meet the marriage season demand in tandem with a firming global trend, led to the rise in precious metal's prices.
In Singapore, gold rose by $4.30 to $1,644 an ounce and silver gained 0.07 per cent to $29.79 an ounce.
Nifty Tips Blog : This is a Nifty tips blog, where following services and tips are updates daily on the basis of technical analysis. Hurry up & earn Money !!!!!
