Wednesday 18 March 2015

Sensex, Nifty slip further ahead of Fed policy meet

The BSE Sensex has shed almost 100 points. The Volatility index has jumped 1%.

Bombay-Stock-Exchange-Building
The market continues to trade on a negative note on the back of sustained selling in select shares.

HDFC is the major dragger today, which alone accounted for a decline of 35 points for the BSE Sensex.

At 11:42AM, the BSE Sensex is down 77 points at 28,659. The NSE Nifty is down 24 points at 8,700.

The Volatility index - India VIX -  has jumped 1 per cent at 15.28.

Sectorwise, the CNX IT and the CNX Auto indices have dropped 0.3-0.4 per cent at 12,346 and 8,773, respectively.

On the other hand, the CNX PSU index is the top gainer - up 1 per cent.

Among Banking stocks - IDBI is the top gainer - up 2.5 per cent at Rs. 77.40. Bank of India and Andhra Bank has spurted around 2 per cent each at Rs. 222 and Rs. 80.85, respectively.

Oriental Bank of Commerce has added 1.6 per cent at Rs. 239. Syndicate Bank, Canara Bank and Punjab National Bank are among the prominent gainers.

So far, around 28 stocks have hit 52-week high, while 47 stocks have registered 52-week low.

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