Tuesday 17 May 2016

Sensex slumps over 200 pts; Nifty weak; Infosys, HDFC twins drag

Selling continues in Dalal Street as the Nifty drags. The the Sensex is down 231.07 points or 0.9 percent at 25542.54, and the Nifty down 69.20 points or 0.9 percent at 7821.55.

ONGC, SBI, Dr Reddy's Labs, L&T and Reliance are top gainers while Maruti, BHEL, Bajaj Auto, Hero MotoCorp and Tata Motors are loser. Infosys, HDFC twins, ITC and TCS are dragging the indices.

Crude hit fresh 2016 highs in its march toward USD 50 in Asia today, fanned by escalating wildfires in Canada's oil sands region and hopes of an easing in the oversupply.

Prices have shot up after US banking giant Goldman Sachs this week said that supply disruptions in Africa's biggest oil producer Nigeria -- along with better demand -- had created a surprising short-term supply deficit.

FILL FREE TRIAL>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>


1 comments:

  1. We are providing two days free trials for all the traders who are interested to join our company. For more information visit Epic Research.

    ReplyDelete