The BSE Sensex which hit a record high last week came under selling pressure and was now trading below its crucial support level of 31,000 but there was greater damage seen in the broader market as over 70 stocks hit fresh 52-week low on the BSE.
Stocks hit fresh 52-week low include names like Dr. Lal Pathlabs, Pidilite Industries, Atul Auto, Gallantt Ispat, Leel Electrical, Meenakshi Enterprises, Schneider Electric Infrastructure, Star Cement etc. among others.
The BSE Sensex is trading flat at 30,959, while NSE Nifty is trading at 9518 up 7 points. A total of 12 stocks registered a fresh 52-week high in trade today, while 52 stocks touched a new 52-week low on the NSE. The BSE mid-cap Index is trading up 0.48% at 14,538, while BSE small-cap Index is trading up 0.45% at 15,209.
Oil prices tanked during early trade on Wednesday after a report of rising US fuel inventories underscored concerns that the three-year-old crude glut is far from over. Brent crude futures were at USD 46.32 per barrel at 0012 GMT, down 33 cents, or 0.7%, from their last close. Gasoline stocks surged 1.4 million barrels, despite the ongoing peak demand of US summer driving season.
Great article thanks for sharing this kind of information. We are providing best FUTURE TIPS in Indore and secure your investment with us and that uses composite stock future tips in Indore to allow investors to speculate on the performance of the entire market, or to hedge against losses in long or short positions. The settlement of the contracts is in cash in index future.
ReplyDeleteINTRADAY TRADING TIPS IN INDORE
FUTURE POSITIONAL IN INDORE
FUTURE INTRADAY IN INDORE
Gold rates inched lower on this Tuesday, dropping for the initial time in 4 sessions, as the dollar rebounded from multi week shorts amid simmering Sino Unites State trade tensions and as precious metals failed to surpass a burly technical resistance.
ReplyDeleteMCX Tips