Thursday 16 October 2014

Trade4Target : 71 points Sensex rebounds in trade

Trade4Target : Daily Update 17/10/2014

Trade4target : After two sessions of losses, the benchmark BSE Sensex recovered by over 71 points to regain the 26,000-mark in early trade on Friday on emergence of buying by funds and retail investors amid a firming trend in other Asian markets.

Equity benchmarks is started of  trade of Friday on a positive note post yesterday's sharp cut but it could not sustain those gains. It got back to consolidation mode with the Sensex rising 2.70 points to 26002.04, and the Nifty falling 4.60 points to 7743.60.

About 781 shares have advanced, 373 shares declined, and 33 shares are unchanged.

Good buying was observed in capital goods, banking, healthcare and fast moving consumer goods sectors.while selling pressure was seen in Information technology, media and entertainment sectors.

Trade4target : Stock Markets

BSE 26,003.82                               
NSE 7,748.30

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