Monday 16 February 2015

Sensex, Nifty rangebound

ITC is the major mover. CNX PSU Bank index is out-performing the Bank Nifty.

At 1:45 PM, the BSE Sensex is up 118 points at 29,212. The NSE Nifty is up 24 points at 8,830.
National-Stock-Exchange
















ITC is the major mover, which alone has accounted for a gain of 50 points for the BES Sensex and 11 points for the NSE Nifty.

The public sector banks are out-performing the private sectors banks.

The CNX PSU Bank index has added 0.4 per cent, while the Bank Nifty has shed 0.4 per cent.

Among banking shares, IDBI has jumped 3.8 per cent at Rs. 69.90. Bank of Baroda has added 1.4  per cent at Rs. 239. Allahabad Bank has gained 1.2 per cent at Rs. 113. SBI is up over 0.5 per cent at Rs. 309.

On the other hand, Yes Bank has dropped 1.3 per cent at Rs. 824. ICICI Bank and Axis Bank have  slipped over a per cent each at Rs. 340 and Rs. 575, respectively.

Sectorwise, the CNX Pharma index has dropped 0.6 per cent. The CNX Energy has slipped into the red zone.

The CNX Realty index continues to trade on a stellar note - up 2.2 per cent on the back of strong Q3 earnings by Unitech and HDIL.

Meanwhile, the European markets - the CAC and the FTSE opened marginally negative. While, the  DAX has shed 0.2 per cent. have shed 0.2-0.3 per cent each

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