The market extended
losses with the Nifty falling below 7600 amid volatility. Healthcare,
infra and technology stocks pushed the market down while auto and metals
stocks continued to support.
The 30-share BSE Sensex fell 116.26 points to 24850.14 and the 50-share
NSE Nifty declined 28.20 points to 7586.90. The market breadth also
weakened further as about two shares declined for every share advancing
on the BSE.
Lupin topped selling list on Sensex, down more than 12 percent after
USFDA observations on Mandideep plant in Madhya Pradesh. Other pharma
stocks like Sun Pharma, Cipla and Dr Reddy's Labs also have a ripple
effect, down 3-4 percent.
Read more at: http://www.moneycontrol.com/news/local-markets/sensex-extends-losses-nifty-below-7600-lupin-tanks-12_6042961.html?utm_source=ref_article
Read more at: http://www.moneycontrol.com/news/local-markets/sensex-extends-losses-nifty-below-7600-lupin-tanks-12_6042961.html?utm_source=ref_article
The market extended losses with the Nifty falling below 7600
amid volatility. Healthcare, infra and technology stocks pushed the market down
while auto and metals stocks continued to support.
The 30-share BSE Sensex fell
116.26 points to 24850.14 and the 50-share NSE Nifty declined 28.20 points to
7586.90.
The market breadth also weakened further as about two shares declined
for every share advancing on the BSE. Lupin topped selling list on Sensex, down
more than 12 percent after USFDA observations on Mandideep plant in Madhya
Pradesh.
Other pharma stocks like Sun Pharma, Cipla and Dr Reddy's Labs also
have a ripple effect, down 3-4 percent.
DELTA FUTURE: SELL DLF FUTURE BELOW 106.50 TG 106.10, 105.50, 104.50 SL 107.10,
BEST NIFTY FUTURE TIPS
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