Stock Market HIGHLIGHTS: Sensex crashes 900 points on weak global cues, Nifty closes below 17000; Indices fall for 3rd day
Stock Market, Sensex, Nifty50 Highlights: Indian benchmark indices BSE Sensex and NSE Nifty 50 ended in deep red in fag-end trade on Thursday. While the 30-share BSE benchmark declined 884 points or 1.46 per cent to end at 57,147 the broader NSE Nifty fell 257 points or or 1.49 per cent to close below the mark of 17,000. During the day, it tanked 940.71 points or 1.62 per cent to 57,050.40.
In the 30-share Sensex pack, IndusInd Bank, Tata Steel, Titan, NTPC were the major laggards. On the other hand, Asian Paints and Axis Bank were among the only gainers in the benchmark index. Stock exchanges in Europe were trading in the negative territory in mid-session deals. The US markets had ended lower on Monday.
Stock Market, Sensex, Nifty50 Highlights: Indian benchmark indices BSE Sensex and NSE Nifty 50 ended in deep red in fag-end trade on Thursday. While the 30-share BSE benchmark declined 884 points or 1.46 per cent to end at 57,147 the broader NSE Nifty fell 257 points or or 1.49 per cent to close below the mark of 17,000. During the day, it tanked 940.71 points or 1.62 per cent to 57,050.40.
In the 30-share Sensex pack, IndusInd Bank, Tata Steel, Titan, NTPC were the major laggards. On the other hand, Asian Paints and Axis Bank were among the only gainers in the benchmark index. Stock exchanges in Europe were trading in the negative territory in mid-session deals. The US markets had ended lower on Monday.
Latest Updates
All sectoral indices end in red as Nifty ends below 17,000
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Mehul kothari
BUY NIFTY 17200 Call Option AT 100 Stop Loss 60 TGT 170
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Vikas Salunkhe
Nifty buy Target - Rs 17340 Stop Loss - Rs 17070
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HdfC amc buy Target - Rs 2070 Stop Loss - Rs 1910
(Disclaimer: The views/suggestions/advises expressed here in this article is solely by investment experts. Zee Business suggests its readers to consult with their investment advisers before making any financial decision.)
Brokerage Call On TCS
CLSA on TCS
Outperforming ratings, Target - Rs 3450
Citi on TCS
Sell - Target Rs 2900
Jefferies on TCS
Hold - Target Rs 3180
Credit Suisse on TCS
Neutral ratings - Rs 3300:
Morgan Stanley on TCS
Equal weight ratings - Target Rs 3000
Nomura on TCS
Reduce ratings - Target Rs 2620
HSBC on TCS
Hold - Target Rs 3330
JP Morgan on TCS
Under weight ratings - Target Rs 2900
Macquarie on TCS
Outperform ratings - Target Rs 4150
Top Nifty Losers
Divis Lab, Dr Reddy, ONGC, JSW Steel
Top F&O Losers
Oberoi Realty, GAIL, IB Housing, United Spirits
Other Losers
Mazagon Dock, JK Paper, Varun Beverages, Rites
In News
TCS / Infosys
India Cement, Auto Axles, Panacea Biotech, Ashiana Housing
Top Gainers
Asian Paints, Axis bank , Astral Ltd, Bata India
Other Gainers
Mawana Sugar, Liberty shoes, Glenmark Life, Everest Ind
MindTree and L&T Technology among top gainers
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Indian markets will outperform global market, says Dinshaw Irani
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Infosys share buy-back price (likely)
Nifty50 PUT Option
TCS after Q2 result: Should you buy, sell or hold? Check price target
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Major sectoral indices, including Nifty Bank and Nifty FMCG, open in red
Wipro, HCL among top gainers at NSE
