METAL STOCKS BEATING

 

COMMODITY MARKET OUTLOOK In early trade, the domestic market looks sluggish. Sensex and Nifty are trading flat. Midc

ap stocks also weak, but is looking a little shopping in small-cap stocks. The metal and IT stocks on the market seems to be pressure. Metal Index was down 0.5 per cent Nifty. Pharma and PSU bank stocks is looking a little shopping. Bank Nifty rose 0.2 percent to a level of 19850 is reached.

Currently, the BSE 30-share Sensex index 3 points with marginal gains and is trading flat at the level of 28 183. The NSE 50-share Nifty index rose by 1.5 points at 8710.5 and is trading flat.
The market turnover in strong stocks Idea Cellular, Tata Steel, Tata Power, HDFC, HDFC Bank, TCS and Bharti Airtel are broken from 2.8 to 0.6 per cent. Although heavyweights, ICICI Bank, Bharti Infratel, Adani Ports, Cipla, Sun Pharma and Axis Bank from 1.9 to 0.75 per cent, pushing.
Midcap stocks, Tata Chemicals, Tata Communications, Indian Hotels, Tata Global Brevrejej 2.5 to 1.3 per cent and Adani Power have crashed. Smallcap stocks Saurashtra Chem, Indag rubber, etc. Fainkem, GSFC and Tata Metaliks are broken from 7.6 to 3.6 per cent.


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