SELL HINDALCO FUTURE BELOW 222 TGT 220.6/218.4 SL 223.8
Among sectoral indices, the Nifty PSU Bank index ended nearly 2% lower led by a fall in the shares of Syndicate Bank, Union Bank of India and Punjab National Bank. The indices ended lower on Thursday led by a fall in the shares of public sector banks and metal stocks amid lack of any strong developments in domestic and global markets. The S&P BSE Sensex ended at 35,432, down 115 points while the broader Nifty50 index settled at 10,741, down 31 points. Profit booking in bank, auto, pharma, FMCG and metal stocks spooked domestic equity benchmarks Sensex and Nifty on Thursday, making them end the session in the negative territory a day after they had registered decent gains.
Among sectoral indices, the Nifty PSU Bank index ended nearly 2% lower led by a fall in the shares of Syndicate Bank, Union Bank of India and Punjab National Bank. The indices ended lower on Thursday led by a fall in the shares of public sector banks and metal stocks amid lack of any strong developments in domestic and global markets. The S&P BSE Sensex ended at 35,432, down 115 points while the broader Nifty50 index settled at 10,741, down 31 points. Profit booking in bank, auto, pharma, FMCG and metal stocks spooked domestic equity benchmarks Sensex and Nifty on Thursday, making them end the session in the negative territory a day after they had registered decent gains.