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Indian Equity Benchmarks came off Intraday Highs

Gold Silver Reports (GSR) – Indian equity benchmarks came off intraday highs as gains in TCS, Kotak Mahindra Bank and Hindalco were offset by losses in Bharat Petroleum, Axis Bank, State Bank of India and Indian Oil.

The S&P BSE Sensex rose 0.26 percent or 90 points to 34,192 and the NSE Nifty 50 index advanced 0.2 percent or 22 points 10,481.                                  

Fourteen out of 19 sector gauges compiled by BSE were trading higher led by the S&P BSE IT index’s 1 percent gain. On the other hand, the S&P BSE Capital Goods index was the top sectoral loser, down 0.5 percent

Overall market breadth was neutral as 1,263 shares were advancing while 1,270 were declining on the BSE.

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Neal Bhai has been involved in the Bullion and Metals markets since 1998 – he has experience in many areas of the market from researching to trading and has worked in Delhi, India. Mobile No. - 9899900589 and 9582247600

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