ECONOMY ANALYSIS
Sensex loses 109 pts; Tata Power up 4%, metals melt on China data
Feb trade deficit shrinks to $8.13 bn from $14.12 bn YoY
Rupee strengthens, but exports in better shape than China'
Oricon Enterprises to consider interim dividend See Nifty at 6800-7000 if strong govt comes in: Edelweiss
Stocks in news: Prime Focus, Trent, Autoline Ind, SBI, Jet
Domestic iron ore prices to outperform int'l benchmarks: Kotak
MARKET ANALYSIS
MUMBAI: The S&P BSE Sensex snapped its five-day winning streak and closed over 100 points down as profit-booking picked up in metals, healthcare, capital goods and auto sectors.
Analsyts say that the market is in the overbought zone and some correction is healthy for the market.
The 30-share index ended at 21,826.42; down 108.41 points, or 0.49%. It touched a high of 22,018.52 and a low of 21,772.11 in trade today.
The Nifty closed at 6,511.90; down 25.35 points, or 0.39%. It touched a record all-time high of 6,562.85 and a low of 6,494.25 in trade today.
The S&P BSE Midcap Index was down 0.29 per cent and the BSE Smallcap Index gained 0.02 per cent.
Among sectoral indices, the S&P BSE Metal Index plunged 3.44 per cent, the S&P BSE Healthcare Index was 0.99 per cent lower, the S&P BSE Capital goods Index was down 0.64 per cent and the S&P BSE Bankex was 0.51 per cent lower.
Sensex loses 109 pts; Tata Power up 4%, metals melt on China data
Feb trade deficit shrinks to $8.13 bn from $14.12 bn YoY
Rupee strengthens, but exports in better shape than China'
Oricon Enterprises to consider interim dividend See Nifty at 6800-7000 if strong govt comes in: Edelweiss
Stocks in news: Prime Focus, Trent, Autoline Ind, SBI, Jet
Domestic iron ore prices to outperform int'l benchmarks: Kotak
MARKET ANALYSIS
MUMBAI: The S&P BSE Sensex snapped its five-day winning streak and closed over 100 points down as profit-booking picked up in metals, healthcare, capital goods and auto sectors.
Analsyts say that the market is in the overbought zone and some correction is healthy for the market.
The 30-share index ended at 21,826.42; down 108.41 points, or 0.49%. It touched a high of 22,018.52 and a low of 21,772.11 in trade today.
The Nifty closed at 6,511.90; down 25.35 points, or 0.39%. It touched a record all-time high of 6,562.85 and a low of 6,494.25 in trade today.
The S&P BSE Midcap Index was down 0.29 per cent and the BSE Smallcap Index gained 0.02 per cent.
Among sectoral indices, the S&P BSE Metal Index plunged 3.44 per cent, the S&P BSE Healthcare Index was 0.99 per cent lower, the S&P BSE Capital goods Index was down 0.64 per cent and the S&P BSE Bankex was 0.51 per cent lower.
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