On
the third trading day of the week with weak global signs open on Wednesday with
the stock market declining. Sensex breaks 123 points at 33733 level at the
beginning of business At the same time, the Nifty is also below the 10400
level with declines. On Tuesday, the Sensex was closed at 33856, while the
Nifty flat closed at 10421 level.
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Bank stocks fall
Selling
in banking, FMCG, metal, oil & gas and power shares is showing. On the
Nifty, the PSU bank index is showing 1.94 per cent fall. At the same time,
the Nifty bank is down 0.75 percent. The private bank index is down 0.71
percent. However, good buying is seen in IT stocks. The index looks
0.62 percent stronger.
These stocks boom
Tech
Mahindra, Ambuja Cement, TCS, GAIL and HCL Tech are up 1.68 per cent in the
beginning of the business. At the same time, Infratel, BPCL, Hindustan
Petroleum, Adani Port, Tata Steel, Axis Bank and ICICI Bank are down 1.7 per
cent.
Midcap, sold in small clocks
Even
mid-caps and smallcap stocks are showing light sell. BSE's mid-cap index
has dropped 0.2 percent, while the mid-cap index of the Nifty has dropped 0.3
percent. BSE's smallcap index is showing a decline of 0.25 percent.
In
midcap stocks, Canara Bank, Bank of India, IDBI Bank, Union Bank and Reliance
Communications lose 1.9 to 3.6 percent. On the other hand, Vikranti, NBCC,
Kansai Nerolac, Amphassis and Biocon are seeing an increase of
5%. Smallcap stocks have a decline in PinCon spirits, Shobha, KDLL, Andhra
Bank. At the same time, Waterbase, Ansal Properties, Flexetf International
and Fortis are looking forward.
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