Rising and Falling in Sensex

Rising and Falling in SensexAccording to the news, it was found out that the Bombay Stock Exchange has wiped off its day’s gains at the pre-close session due to the mixed trend.

Today, at 3.00 p. m., the Sensex was up 39.26 points or 0.22% at 17,545.89 and the Nifty up 11.85 points or 0.23% at 5,269.75.

During this session, the volume toppers were SBI, RIL, Tata Motors, Tata Steel and ICICI Bank whereas the major Sensex gainers were RIL, TCS, HDFC, Hero Honda, Bharti Airtel, HDFC Bank and Infosys. SBI, L&T and ICICI Bank were the major losers.

It was also found out that among the sectoral indices, IT was up by 0.99%, oil & gas 0.89%, teck 0.79% and healthcare 0.28%. Realty was down by 1.52%, capital goods 0.74%, PSU 0.54% and whereas power by 0.4%. Of the total
2,837 stocks traded, 1,208 were advanced, 1,518 were declined and 111 were remained unchanged.

The Bombay Stock Exchange Sensitive Index (Sensex) has gained 171.45 or 1% to 17,678.08 at 11:12 a. m. in Mumbai. It’s a 14-day relative strength index, which measures how rapidly the prices gained or fell during the specified period of time, the reading was at 28.7 yesterday. A reading below 30 is a signal to buy for some investors.

Head of research at Geojit BNP Paribas Financial Services Ltd., Kochi, Alex Mathews said, “We’re seeing a bounce back as the market was in oversold territory. Positive cues from the global markets have also boosted sentiment.”