Posted by : Antima Singh Monday 23 May 2016

Regardless of making a higher opening, markets shut lower in the midst of unstable exchanges by virtue of benefit booking among file heavyweights at larger amounts.
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The BSE Sensex railed down by 72 points closing at 25,230 and the Nifty50 lost 19 points closing at 7,731, BSE Midcap and Smallcap lists finished losing between 0.3%-0.4%.

The Investors should continue to accumulate good quality shares and the traders wanting to go long may wait on the sidelines for some more time,” said Jimeet Modi, CEO, SAMCO Securities.


GLOBAL MARKETS

 
Asian shares ascended on Monday after a strong session on Wall Street, while the dollar moved far from late highs however stayed bolstered as speculators wager that the US Federal Reserve was on track to higher rates within the near future.

MSCI's broadest index of Asia-Pacific shares raised by 0.6%, after US offers revived on Friday.

Japan's Nikkei stock index closed 0.5% down on stressing financial information and reports that Japan's business charge increment would be actualized all things considered, suppress any desires for a deferral.

Oil costs lowered in Asian exchange on Monday on a solid dollar and signs that worldwide unrefined supply is holding up even as volumes hit by blackouts ascend to no less than five-year highs.




GAINERS OF THE DAY


BSE GAINERS : VAIBHAV GLOBAL, YAMINI INVEST, MANAPPURAM FIN., D B REALTY, MULTI COMM. EXC.
NSE GAINERS : VAIBHAV GLOBAL, SOMANY CERAMICS, MANAPPURAM FIN., D B REALTY, TTK PRESTIGE


LOSERS FOR THE DAY


BSE LOSERS : COX & KINGS, WELSPUN CORP, BOMBAY BURMAH, GVK POWER INFRA., BRITANNIA INDS.

NSE LOSERS : COX & KINGS, WELSPUN CORP, BOMBAY BURMAH, ABG SHIPYARD, GVK POWER INFRA.

{ 19 comments... read them below or Comment }

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