Thursday 25 February 2016

Nifty still above 7000, market eyes Macro Economic Survey -- 26 Feb 2016

The market is still holding gains as the Sensex is up 95.80 points or 0.4 percent at 23071.80 and the Nifty is up 32.85 points or 0.5 percent at 7003.45. About 893 shares have advanced, 1018 shares declined, and 137 shares are unchanged. 

                                   
Coal India, Axis Bank, SBI, L&T and M&M are top gainers while Hero MotoCorp, Bajaj Auto, Bharti Airtel, Tata Steel and Maruti were losers in the Sensex.

Gold fell for the second straight day and prices shed another 0.36 per cent to Rs 29902 per 10 grams in futures trade today as participants engaged in booking-profits at prevailing levels, even as the metal maintained an upward trend overseas. 

Continued profit-booking by speculators, dragged down gold prices at futures trade, but a firming trend overseas, capped the losses, analysts said. Globally, gold climbed 0.6 per cent to USD 1,240.04 an ounce in Singapore.

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