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(23/2/2015 StockInvestingTips bureau) : It turned out to be bad day for Indian stock markets as investors remained cautious ahead of Union budget 2015. Indian Stock markets would remain volatile during this week until finance budget
is presented in parliament on 28th february. Most watched SENSEX declined by 256.30 points to close at 28975.11 pts, Broader index NSE's NIFTY also lost 78.65 points to close at 8754.95 pts. Indian Stock markets remained volatile during all the trading sessions as investors took a cautious approach before investing due to Union budget and ahead of february series F&O expiry.
Oil and Gas sector stocks, Metals and banking stocks were the worst hit by selling today. All of the sectoral indices stocks saw selling today as BSE's Midcap index and BSE's Smallcap index also declined. Midcap Index fell by 0.84 percent while BSE's Smallcap index was less affected as it declined by 0.32 percent. Market Breadth at Bombay Stock Exchange was negative as there were 1693 losers vs 1201 gainers today.
BSE Sector-wise update for today:
1) Oil and gas led the list of losers as it fell by a whopping 1.91 percent today
2) BSE's Metal index fell by nearly 1 percent today.
3) BSE's Bank index declined by 0.88 percent today.
Top 5 SENSEX Gainers:
1)Mahindra and Mahindra
2)Sesa Sterlite ltd
3)Tata Consultancy Services
4)Larsen and Toubro Ltd
5)NTPC Ltd
Top 5 SENSEX losers:
1)Reliance Industries Ltd
2)Gail India Ltd
3)Tata Steel Ltd
4)Axis Bank Ltd
5)State Bank of India
All of the BSE sectoral indices ended the day in red today.
is presented in parliament on 28th february. Most watched SENSEX declined by 256.30 points to close at 28975.11 pts, Broader index NSE's NIFTY also lost 78.65 points to close at 8754.95 pts. Indian Stock markets remained volatile during all the trading sessions as investors took a cautious approach before investing due to Union budget and ahead of february series F&O expiry.
Oil and Gas sector stocks, Metals and banking stocks were the worst hit by selling today. All of the sectoral indices stocks saw selling today as BSE's Midcap index and BSE's Smallcap index also declined. Midcap Index fell by 0.84 percent while BSE's Smallcap index was less affected as it declined by 0.32 percent. Market Breadth at Bombay Stock Exchange was negative as there were 1693 losers vs 1201 gainers today.
BSE Sector-wise update for today:
1) Oil and gas led the list of losers as it fell by a whopping 1.91 percent today
2) BSE's Metal index fell by nearly 1 percent today.
3) BSE's Bank index declined by 0.88 percent today.
Top 5 SENSEX Gainers:
1)Mahindra and Mahindra
2)Sesa Sterlite ltd
3)Tata Consultancy Services
4)Larsen and Toubro Ltd
5)NTPC Ltd
Top 5 SENSEX losers:
1)Reliance Industries Ltd
2)Gail India Ltd
3)Tata Steel Ltd
4)Axis Bank Ltd
5)State Bank of India
All of the BSE sectoral indices ended the day in red today.
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