Nifty opens below 10,150 mark ahead of F&O expiry@Highlight Updates
Domestic share indices made a negative start to the session with broad-based losses led by metal, bank and information technology stocks, and weighed down by subdued trend across most global markets.
A month-on-month fall in goods and services tax collection in February and expiry of the March derivatives series today exacerbated the weakness.
The BSE Sensex was trading at 33,012, down 162 points, while the Nifty50 index was trading at 10,131, down 53 points.
The BSE Midcap and the BSE Smallcap indices was down by 0.43% and 0.54%, respectively.
Hindustan Aeronautics scrip was listed today at Rs1,169 apiece on the BSE, a 3.8% discount to the issue price of Rs1,215.
Persistent Systems stock tanked over 9% after the IT company informed the exchanges that it is expecting a decline in IP revenues for Q4FY18, which is about to wrap up shortly.
Mylan and Biocon receive approvals from the European Commission and TGA Australia for semglee, biosimilar insulin glargine. Biocon stock rose 1%.
FUTURE CALL: SELL POWERGRID BELOW 194.50 TARGETS 193.50 / 192.20 / 190.80 STOPLOSS 195.20
A month-on-month fall in goods and services tax collection in February and expiry of the March derivatives series today exacerbated the weakness.
The BSE Midcap and the BSE Smallcap indices was down by 0.43% and 0.54%, respectively.
Hindustan Aeronautics scrip was listed today at Rs1,169 apiece on the BSE, a 3.8% discount to the issue price of Rs1,215.
Persistent Systems stock tanked over 9% after the IT company informed the exchanges that it is expecting a decline in IP revenues for Q4FY18, which is about to wrap up shortly.
Mylan and Biocon receive approvals from the European Commission and TGA Australia for semglee, biosimilar insulin glargine. Biocon stock rose 1%.
FUTURE CALL: SELL POWERGRID BELOW 194.50 TARGETS 193.50 / 192.20 / 190.80 STOPLOSS 195.20
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