Monday, 16 May 2022



LATEST NEWS Sher Bagga: Ammy Virk & Sonam Bajwa Share Intriguing Poster Of Upcoming Comedy Film Our Thomas Cup title triumph all about pure resilience and mental strength: Kidambi Srikanth Gauahar Khan, Zaid Darbar come up with new music video 'Khair Kare' LPU’s Pharmaceutical Sciences’ School endeavoured for protecting eyes from ‘Digital Pollution’ 15 killed in Indonesia bus accident 42 Afghans fall victim to food poisoning You Won’t Be Able To Take Your Eyes Off From Shehnaaz Gill In Recent Dabboo Ratnani’s Photoshoot Sonal Chauhan: There's a reason why 'F3' trailer doesn't show my character 'Biggest destruction of Independent India', Arvind Kejriwal slams BJP for demolition drive Gaurav Arora on shooting in icy cold Kashmir for 'Aadha Ishq' How hypertension can cause damage to your health Nicola Coughlan reveals 'Bridgerton 3' will follow Colin and Penelope's love story Kiara Advani not approached for Prabhas-starrer 'Spirit' Amitabh Bachchan brutally trolled over morning social media post, actor clarifies he was working late at night Sonu Sood on hosting 'Roadies 18': As a host my responsibility is to keep the soul of 'Roadies' alive Perfect Sufi Inspired Songs, Totally Timeless Creating Soothing Magic Narendra Modi, Sher Bahadur Deuba lay foundation stone of India Int'l Centre for Buddhist Culture & Heritage Prediabetes may raise higher heart attack risk in young adults Amid Maoist resurgence threat, Mamata Banerjee to visit Junglemahal Simu Liu does bhangra on 'Jalebi baby' with Tesher Chennai Super Kings coach Stephen Fleming predicts a bright future for Matheesha Pathirana after fruitful debut vs Gujarat Titans


Profit booking, global cues subdue equities; banking stocks down

 Sensex, Mumbai, BSE, Nifty, Shares, National Stock Exchange, Stock market

Web Admin

Web Admin

5 Dariya News

New Delhi , 19 May 2021

Profit booking, along with global cues, subdued India's benchmark equity indices on Wednesday after a sharp rise seen a day before.However, optimism over lower Covid-19 cases as well as hopes on faster vaccination drive arrested any major decline.Among sectors, realty, power and healthcare were the main gainers while telecom, metals, banks and auto were the main losers.Globally, stocks slipped and cryptocurrencies sank as threat of unwanted inflation had investors shy away from assets seen vulnerable to any removal of monetary stimulus.The S&P BSE Sensex ended at 49,902.64, lower by 290.69 points, or 0.58 per cent, from its previous close.Similarly, the Nifty50 of the National Stock Exchange closed the day's trade at 15,030.15, down 77.95 points, or 0.52 per cent, from its previous close."Nifty made a double top - the same as the previous day and later fell to enter the upgap area. Lower volume on May 19 suggests absence of enthusiasm on the part of traders at these levels, especially in the face of the negative inflation and commodity price data and release of US Fed minutes," said Deepak Jasani, Head of Retail Research at HDFC Securities."The 14,938-14,967 zone will be the support for the Nifty while 15,137 will act as a resistance."Geojit Financial Services' Head of Research Vinod Nair said: "The recent sharp rally has triggered some caution for the near-term.""The global market was tentative ahead of the announcement of Fed minutes, this was mirrored in the domestic market, though it is not expected to hawkish. Optimism gained from declining covid cases resisted a sharp correction in domestic market."


Tags: Sensex , Mumbai , BSE , Nifty , Shares , National Stock Exchange , Stock market



related news




Photo Gallery



Video Gallery



5 Dariya News RNI Code: PUNMUL/2011/49000
© 2011-2022 | 5 Dariya News | All Rights Reserved
Powered by: CDS PVT LTD