Thursday 29 October 2015

F&O Expiry! Sensex slips 150 points

Some buying activity is seen in consumer durable, auto and realty sectors, while banking,capital goods, metal, fmcg, IT and oil & gas sectors are showing weakness on BSE. The India VIX (Volatility) index is up 2.8% to 17.52.


Stock Market Down
 At 2:02 PM, the S&P BSE Sensex is trading at 26,859 down 180 points, while NSE Nifty is trading at 8,117 down 54 points.

The BSE Mid-cap Index is trading down 0.12% at 11,023, whereas BSE Small-cap Index is trading down 0.10% at 11,441.

Some buying activity is seen in consumer durable, auto and realty sectors, while banking,capital goods, metal, fmcg, IT and oil & gas sectors are showing weakness on BSE.

Dr.Reddy's, Tata Motors, Lupin, Vedanta, Bajaj-Auto and Tata Steel are among the gainers, whereas BHEL, Axis Bank, Bharti Airtel, GAIL, Sun Pharma, Coal India, ITC and HUL are losing sheen on BSE.

Indian Rupee today opened lower by 23 paise at 65.15/$ in early trade on Thursday.The dollar is standing strong against most other currencies. The currency touched a high and low of 65.02 and 65.08 respectively. On the global front, the Fed has kept interest rates unchanged. In the December meeting the Fed would “assess progress—both realized and expected—toward its objectives of maximum employment and 2 percent inflation.” The SGX Nifty is trading in the red and Asian shares moved lower. The F&O expiry will add the usual choppiness towards the end. Japan's industrial output rose 1.0 per cent in September from the previous month, which was better than expectations.

The India VIX (Volatility) index is up 2.8% to 17.52. Out of 1,747 stocks traded on the NSE, 775 declined and 682 advanced today. A total of 29 stocks registered a fresh 52-week high in trades today, while 17 stocks touched a new 52-week low on the NSE.

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