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LORD JESUS CHRIST SAYS

“Ask and it will be given to you; seek and you will find; knock and the door will be opened to you. For everyone who asks receives; the one who seeks finds; and to the one who knocks, the door will be opened. Matthew 7:7-8

4 Mar 2016

STOCK MARKET- LIVE: SESEX TURN FLAT, BANKING SHARES SLIP ON PROFIT BOOKING.

 
10:08 a.m.: The stock markets turned turned flat. The Sensex was up 8 points at 24,615 and Nifty was down 5 points at 7,470.

9:45 a.m.: The market breadth was negative as 816 stocks were declining while 675 were advancing.

9:36 a.m.: PSU Banking shares were underperforming the benchmark indices on account of profit-booking. The PSU Bank index on the NSE was down 1.3 per cent; State Bank of India was the top loser, down 1.78 per cent to 
9:45 a.m.: The market breadth was negative as 816 stocks were declining while 675 were advancing.
9:36 a.m.: PSU Banking shares were underperforming the benchmark indices on account of profit-booking. The PSU Bank index on the NSE was down 1.3 per cent; State Bank of India was the top loser, down 1.78 per cent to Rs. 179.50. IDBI Bank, Allahabad Bank, Punjab National Bank, Canara Bank, Indian Overseas Bank, Union Bank of India and Bank of Baroda were also among the laggards, down 0.72-1.78 per cent.

9:31 a.m.: Profit-booking was also visible in the broader markets as well. The BSE mid-cap index slipped 0.08 per cent and the small-cap index was down 0.16 per cent. From the mid-cap space, Mphasis was the top loser, down 2.4 per cent. IDBI Bank, Reliance Communications, Neyveli Lignite, Wockhardt, Reliance Capital, Allahabad Bank, Reliance Power and Berger Paints were also among the laggards, dwon 1.5-2.2 per cent each.

9:25 a.m.: The Sensex rose over 100 points while Nifty moved above its crucial psychological level of 7,500 for a brief period in the opening trades on Friday but soon turned flat on the back of a mild profit-booking after three days of stellar rally.

At 9:20 a.m., the Sensex was up 14 points at 24,621 and Nifty slipped 5 points to 7,470.

On the sectoral front, profit booking was visible in select banking, energy and realty stocks.

From the Nifty-50 basket of shares, 34 were declining while 16 were advancing.

State Bank of India was the top loser, down 2 per cent to 
9:31 a.m.: Profit-booking was also visible in the broader markets as well. The BSE mid-cap index slipped 0.08 per cent and the small-cap index was down 0.16 per cent. From the mid-cap space, Mphasis was the top loser, down 2.4 per cent. IDBI Bank, Reliance Communications, Neyveli Lignite, Wockhardt, Reliance Capital, Allahabad Bank, Reliance Power and Berger Paints were also among the laggards, dwon 1.5-2.2 per cent each.
9:25 a.m.: The Sensex rose over 100 points while Nifty moved above its crucial psychological level of 7,500 for a brief period in the opening trades on Friday but soon turned flat on the back of a mild profit-booking after three days of stellar rally.
At 9:20 a.m., the Sensex was up 14 points at 24,621 and Nifty slipped 5 points to 7,470.
On the sectoral front, profit booking was visible in select banking, energy and realty stocks.
From the Nifty-50 basket of shares, 34 were declining while 16 were advancing.
State Bank of India was the top loser, down 2 per cent to Rs.178.90. GAIL Inida, Punjab National Bank, Kotak Mahindra Bank, HDFC Bank, Hindalco and Yes Bank were also among the laggards, down 1.4-1.8 per cent each.

On the other hand, ONGC, ICICI Bank, Dr Reddy's Labs, Infosys and Cipla were among the notable gainers.

7:45 a.m.: The Sensex and Nifty are likely to open on a positive note in trades on Friday tracking positive trading of Nifty futures on the Singapore Stock Exchange amid firm global cues.

The Nifty futures traded on Singapore Exchange also known as the SGX Nifty was up 0.48 per cent or 36 points at 7,476.

Meanwhile, Asian shares look set to post a third straight weeks of gains on Friday as investors scaled back cautious bets on the global economy after a string of positive US economic data and a recovery in oil and commodity prices.

The rebound in risk asset prices could continue if the upcoming US employment report points to solid job gains, but not strong enough to encourage rate rises in the near term.

Overnight, Wall Street moved higher on Thursday, adding momentum to a recent recovery as the energy and financial sectors emerged into positive territory for the year.

The S&P 500's increase was the most recent in four weeks of mostly steady gains that have left the index down 2.5 per cent in 2016 after the worst January since 2009.

The Dow Jones industrial average ended 0.26 per cent higher at 16,943.90 points and the S&P 500 gained 0.35 per cent to 1,993.39.

The Nasdaq Composite added 0.09 per cent to 4,707.42.

Back home, foreign institutional investors bought shares worth 

On the other hand, ONGC, ICICI Bank, Dr Reddy's Labs, Infosys and Cipla were among the notable gainers.
7:45 a.m.: The Sensex and Nifty are likely to open on a positive note in trades on Friday tracking positive trading of Nifty futures on the Singapore Stock Exchange amid firm global cues.
The Nifty futures traded on Singapore Exchange also known as the SGX Nifty was up 0.48 per cent or 36 points at 7,476.
Meanwhile, Asian shares look set to post a third straight weeks of gains on Friday as investors scaled back cautious bets on the global economy after a string of positive US economic data and a recovery in oil and commodity prices.
The rebound in risk asset prices could continue if the upcoming US employment report points to solid job gains, but not strong enough to encourage rate rises in the near term.
Overnight, Wall Street moved higher on Thursday, adding momentum to a recent recovery as the energy and financial sectors emerged into positive territory for the year.
The S&P 500's increase was the most recent in four weeks of mostly steady gains that have left the index down 2.5 per cent in 2016 after the worst January since 2009.
The Dow Jones industrial average ended 0.26 per cent higher at 16,943.90 points and the S&P 500 gained 0.35 per cent to 1,993.39.
The Nasdaq Composite added 0.09 per cent to 4,707.42.
Back home, foreign institutional investors bought shares worth Rs. 912 crore while the domestic institutional investors sold shares worth Rs. 464.75 crore on Thursday.




 

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