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Thursday 25 September 2014

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Nifty Sensex Slack on 25 Sep 2014

Today nifty and sensex sluggish. After Mid September nifty move down side. The Nifty is down 34.20 points at 7968.20. The Sensex is down 120.98 points at 26623.71. 659 shares have advanced, 2059 shares declined and 74 shares are unchanged.

Top gainers today is Cipla, Dr. Reddy's Labs, TCS, GAIL and Bharti Airtel. Top losers today is Axis Bank, Tata Steel, Hindalco, BHEL and ICICI Bank.

Metal stocks continued to decline for the second straight session after the Supreme Court quashed allocation of 214 out of 218 coal blocks which were allotted to various firms since 1993. Pramod Gubbi of Ambit Capital sees short-term consolidation phase for Indian market but remains positive and believes that India still remains a buy on dips market.

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