Friday, 24 July 2015

nifty future tips for tomorrow ;Selling in blue-chips drags Sensex down 258 points

Friday market ended with lower note After facing lots of struggle,their second consecutive day of fall.As ICICI Bank and Larsen and Toubro declined on caution ahead of their April-June results next week amid a weak earnings season so far.

The Sensex lost 258.53 points or 0.91 per cent to end at 28,112.31 while the NSE Nifty ended down 68.25 points or 0.79 per cent at 8,521.55.

Selling in blue-chips weighed down the index. ICICI Bank fell 3.6 per cent while Larsen and Toubro that lost 1.31 per cent, struggled as well.

Shares of Wipro Ltd, India's third-biggest software services exporter, fell about 3.6 per cent after the company reported its quarterly earnings on Thursday that were largely in-line with estimates.

Reliance Industries' stock was down 1.56 per cent. The company will announce quarterly results later in the day

No comments:

Post a Comment