Equity Benchmarks Under Pressure, IT Stocks Continue To Skid

Equity benchmark indices opened on a flat note on Friday morning tracking mixed global cues. Sensex live at 28080 with 25 points down and Nifty is down 0.17 percent or 14 points at 8694. Small cap and Midcap sectors are still trading in the positive zone. BSE Small cap is 15 points up at 13240 and BSE Midcap is 11 points up at 13552. Rupee is trading 13 paise down at 66.82 against US Dollar.

Commodity Market is showing average movements today. MCX Gold has hiked 84 points at 29659 ans Silver has jumped 129 points at 41650. Crude Oil is 10 points up at 3378. Currently 1197 shares have advanced, 942 shares have declined and 157 shares are unchanged.

Asian market indices are trading in the negative zone today. Nikkei has lost 59 points at 16839, Hang Seng is 133 points down at 23819 and Shanghai Composite is trading with hike of minor points at 3005. 

Happy Navratri Shubh Navratri 2016

Domestic Benchmarks Plunging Down, Midcap Sectors Trading Up

After the government confirmed that in response of Pakistan terrorist activities surgical strike by Indian soldiers, investors panicked and took to seeling plunging equity benchmarks to drop more than 1.5 percent intraday. Domestic equity benchmarks opened flat on Friday morning. Sensex dropped 43 points or 1.06 percent to 27783 and Nifty dropped 8 points or 0.10 percent to 8535. Midcap and Small cap indices are trading with positive leads in the struggling market. BSE Small Cap has hiked 170 points to 12684, BSE Midcap gains 164 points to 13078 and Nifty Midcap hiked 185 points to 15284. Yet, 1613 shares have been advanced, 584 shares have been declined and 137 shares are unchanged.

Asian Market Updates: Global indices are trading down. Nikkei is trading 215 points down to 16478, Hang seng is 314 points down to 23425 and Shanghai Composite is 4 points up at 3003.