09/11/2016

Sensex recovers 1300 pts post-Trump win & black money curb

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The Equity  market staged a very good comeback in late trade after an intraday swing of around 1500 points.  Nifty staged a smart recovery from its crucial support level of 8,000 on Wednesday amid the victory of Donald Trump in US presidential elections and the government's move to curb the black money. Both the Nifty and Sensex broke below their crucial support levels after Donald Trump was elected the 45th President of the United States. Sensex closed at 27252.53, lower by 338.61 or 1.23 percent and Nifty was down 111.55 points or 1.31 percent at 8432.00. About 635 shares have advanced, 2131 shares declined, and 96 shares were unchanged. 
Dr Reddy's Labs, Sun Pharma, SBI, GAIL, and Lupin were top gainers while TCS, Maruti, Hero MotoCorp, BHEL and Adani Ports were major losers in the Sensex. 

1 comment:

  1. In today's market openng session SENSEX opened at 27605.05 up by +352.52 then its previous close. Traders can earn better returns by using precise stock futures tips while trading .

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