15/11/2016

Sensex slips over 350 pts ; Auto, realty down

Today, The Equity market has dropped in opening dragged by index heavyweights. The market fell for a second straight session as automakers, consumer discretionary and real estate companies continued to extend their losses on the awaited slowdown in spending as a result of the countrywide cash crunch. The Market still slipping away Sensex down 350 points or 1.30 percent at 26463. The Nifty slipped 130 points or 1.58 percent at 8165.  About 295 shares have advanced, 1734 shares declined, and 73 shares are unchanged. The BSE Mid-cap Index is trading down 3.72% at 12,000, whereas BSE Small-cap Index is trading down 4.69% at 11,899. 
Wipro, Dr Reddys Labs, SBI, TCS, and Infosys are among the gainers, whereas Tata Motors, Asian Paints, Tata Steel, Maruti Suzuki, and Adani Ports are losing seen in BSE.  

India Cements - Sell, SL -136 Rs, TGT - 123

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