Thursday, 12 February 2015

Bank, FMCG keep Sensex, Nifty lower

The government will announce CPI and IIP data after 5.30 pm today.














At 11:45 AM, the S&P BSE Sensex is trading at 28,534 down 98 points, while NSE Nifty is trading at 8,609 down 19 points. The government will announce CPI (Consumer Price Index) and IIP (Index of Industrial Production) data after 5.30 pm today.

The equity market has extended losses in the late morning deals, owing to weakness in bank, FMCG, metal and oil & gas shares.

The Key benchmark indices have touched a fresh intra-day low at 28,406 and 8,600, respectively.

The broader market remain firm, the CNX Smallcap index has advanced 1.5 per cent at 5,505. The Midcap and Nifty Junior indices have gained almost a per cent each at 3,394 and 19,477, respectively.

The Volatility index - India VIX has spurted by 1.4 per cent at 20.8000.

In sectoral indices, the PSU Bank index has shed around a per cent at 3,700. The Bank Nifty and FMCG shares have declined 0.5 per cent each at 18,833 and 21,151, respectively.

The Metal, Energy and Finance have moved down 0.3 per cent each.

On the other hand, the Realty index has jumped nearly 2 per cent at 229. The Auto index has spurted over a per cent at 8,615. The Pharma index has also gained 0.5 per cent at 11,451.

The breadth is positive in late morning deals - out of 1,692 stocks traded on the NSE so far 910 stocks have advanced, while 503 stocks have declined 

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