Market slips in red; Axis Bank down by 2.5%
Private banks are trading in red whereas
PSU banks are trading in green. Nifty Private Bank index is trading lower by
0.3% whereas Nifty PSU Bank index is trading higher by 0.2%.
Orient Bank and State Bank of India are trading higher by nearly 0.7%. ICIC Bank is trading
lower by 0.4% at Rs 273.9 per share, Axis Bank is trading lower by 2.5% at Rs
490.4 per share, Yes Bank is trading lower by 1% at Rs 1500 per share.
There are 587 advances, 953 declines
and 374 unchanged stocks on NSE reflecting some negative undertone floating in
the market.
At 11 AM, the S&P BSE Sensex is
trading at 29476 down 42 points, while NSE Nifty is trading at 9117 down 10
points. A total of 51 stocks registered a fresh 52-week high in trade today,
while 18 stocks touched a new 52-week low on the NSE.
The BSE Mid-cap Index is trading down
0.6% at 13837, while BSE Small-cap Index is trading down 0.3% at 14020.
To gain the market overview, market updates are the most important for a trader. If you are aware with the current market status before investing into it, then you would be able to make great returns. Several traders have started taking market tips like commodity tips and other according to their requirements before investing.
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