Monday 8 June 2015

Market exhibits lackluster trade

The market continues to trade on a lackluster note on the back of all round selling across all the sectors. 

The market continues to trade on a lackluster note on the back of all round selling across all the sectors.
As on 1230 hrs, the Sensex is down 156 points at 26,613. The Nifty is down 49 points at 8,066.

The CNX PSU Bank index remains top loser - down 1.9 percent. The CNX Auto, the CNX Energy the 
CNX Pharma and the CNX Realty indices have shed 1 percent each.

HDFC twins and Tata Motors are major draggers today, which collectively have accounted for a decline of 83 points for the BSE Sensex and 19 points for the NSE index.

Only 11 stocks are trading on a positive note, out of 50-Nifty stocks.

Punjab National Bank and Cairn India have tumbled over 3 percent each at Rs. 139 and Rs. 181,  
respectively.

Bank of Baroda and Vedanta have dropped 2.8 percent each at Rs. 156 and Rs. 178, respectively. Tata Motors, Tata Steel and IndusInd Bank have shed 2.3 percent each.

HDFC, Hindustan Unilever, Sun Pharma and Asian Paints are among the prominent losers.

Around 13 stocks have hit 52-week high on the NSE counter, while 68 stocks have hit 52-week low.

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