Market Live: Nifty flat, Sensex trades higher; ONGC top loser
Among the sectors IT and pharma stocks are witnessing buying, while selling is seen in the auto, bank, energy and metal indices.
Mar 20, 09:49 AM (IST)
Looking at the daily chart, everyday Nifty surpassed its previous candle high and the low of the candle is also shifting upward which is a classical sign of bull. Now, 11,580-11,625 are near term resistance on Nifty whereas support seen at 11,485-11,440, said Way2Wealth.
Mar 20, 09:34 AM (IST)
Crude Update: Oil prices dipped on Wednesday, retreating from a four-month high as economic growth concerns dampened the outlook for fuel consumption.
Mar 20, 09:25 AM (IST)
Jet Airways in focus: Lenders to the airline will look for equity infusion from a new investor to replace Etihad, reported CNBC-TV18, quoting sources. The new investor is likely to be an investment fund.
Banks may initiate talks with few investment funds that conducted due diligence on the company. Also lenders are looking at option of asking Etihad, Naresh Goyal to pledge their shares.
Mar 20, 09:17 AM (IST)
Market Opens: It is a flat start for the Indian indices with Nifty below 11,500 level.
The Sensex is up 9.74 points at 38373.21, while Nifty is up 0.90 points at 11533.30. About 391 shares have advanced, 235 shares declined, and 41 shares are unchanged.
Vedanta, Infosys, L&T, TCS and Axis Bank are the top gainers on the Sensex.
Mar 20, 09:07 AM (IST)
Rupee Opens: The Indian rupee opened lower by 8 paise at 69.05 per dollar on Wednesday versus Tuesday’s close 68.97.
Mar 20, 09:03 AM (IST)
Market at pre-open: Benchmark indices are flat in the pre-opening trading with above 11,550 mark.
The Sensex is up 17.16 points at 38380.63, while Nifty is up 22.30 points at 11554.70.
source: moneycontrol.com
Categories: Indian Stock exchange, Indian Stock Market, Indian Stock Pick
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