The barometer index, the S&P BSE Sensex, lost 104.91 points or
0.36% at 28,668.22, as per the closing data. The Nifty 50 index lost
35.90 points or 0.4% at 8,831.55, as per the closing data. Weakness
in European and Asian stocks weighed on sentiment on the domestic
bourses. Key indices extended intraday slide towards the latter part
of the trading session after hovering in a narrow range around the
flat line till afternoon trade.
The six-member MPC—the other three members are from RBI—will conduct its first monetary policy review on 4 October 2016. The members of the committee from RBI are Governor Urjit Patel, deputy governor R. Gandhi, who is also in charge of the monetary policy, and executive director Michael Patra. The RBI governor will have a casting vote in case of a tie. Highest OI increase w.r.t to increase in price was seen in and Highest OI increase w.r.t to IDFC Decrease in price was seen in AXIS BANK.
Trading Tips
@ Buy Tata Global Future above 144 targets 147.50, 149.00, 150.50
Stop Loss 142.15.
@ Buy Hind Zinc Future above 229.50 targets 231.50, 233.50, 235.50
stop loss 226.45