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Wednesday, October 27, 2010
SENSEX | NIFTy down by over .5 percent on choppy trading
Indian stock markets are witnessing selling in stocks of NTPC, LnT, Bharti and HDFC bank, Bombay Stock Exchange’s Sensex is down byover 100 points at time of posting and touched a low of 20135.12 and high of 20220.58 in intraday trading.
The National Stock Exchange's broader index NIFTY is also trading in red today as the global stock markets are looking uncertain.
However the BSE's MIdcap and small cap are up by a quarter percent as Indian investors are showing some purchasing, It is clear that the hold of Indian Retail Investors and Institutonal investors on SENSEX and NIFTY is ngligible as FII does majority of the selling or purchasing and selling whereas Indian investor is confined to Midcap and Small caps stocks.
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