The market closed flat, Sensex sustain above 26,200 - Dollar Advisory Financial Services

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Wednesday, 28 December 2016

The market closed flat, Sensex sustain above 26,200

Indian stock market closed flat on Wednesday.

 
In early trading today, the strongest since the beginning of the index and the growth trend witnessed around 2 pm He made more than 200-point lead. But getting on top of the day as well as easing began. The slide in the last half hour after the end of trading, the BSE Sensex  today down 2.76 points to close at 26210.68. 


 Today, the high level of 26415.05 26191.72, while the lowest level of the day was. NSE Nifty 50   point lead with just over 8,000 and closed at 8034.85. It's the middle of the 8100 season, had crossed. It rose to 8100.65, while the bottom side slipped to 8028.40. Also at the business end Vicks India Index with a gain of 3.04% to close at 15.5425. 

 In today's business banking, auto, oil & gas, energy and metal stocks saw heavy selling, while realty, FMCG, pharma, telecom and IT stocks strength back. The US market had a slight edge in global markets, European markets are trading flat. Also, Asian markets closed mixed. Today the rupee against the dollar has dropped 14 paise.


On the other hand, today's small-medium stocks showed strong showing. BSE Midcap and BSE Smallcap 0.87% to 0.53% and closed higher. Also nifty mid 100 100 0.97% lead, 0.45% and Nifty closed with small.


In terms of the index heavyweights today 2.06%, Coal India, Wipro 1.36%, 1.15%, Dr Reddy's, Lupin 0.63%, 0.57%, Mahindra & Mahindra and ITC gained 0.53%. 1.15% losers were Reliance, Tata Steel 1.13%, 0.96%, Hero MotoCorp, Tata Motors 0.72%, ICICI Bank 0.67% and 0.61% decline in the power grid. Nifty 51 stocks, 29 stocks closed in green and 22 stocks are red. The 30-share Sensex, 17 green and 13 stocks closed in the red.



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