SGX Nifty refers to the Singapore Exchange Nifty, a derivative product that allows investors to gain exposure to the Indian equity market without physically being present on the country's stock exchange, the National Stock Exchange of India (NSE).
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Biocon Ltd is a 'SELL' call with a target of Rs 322 and a stop loss of Rs 349
The 50-share NSE Nifty breached 7800 level for the first time since August 18, 2014, down 61.55 points or 0.78 percent at 7798.40. The 30-share BSE Sensex fell 179.46 points or 0.68 percent to 26117.92. About 621 shares have advanced, 828 shares declined, and 50 shares are unchanged. Shares of Tata Motors, Bharti Airtel, ICICI Bank, HDFC Bank, ITC, L&T and Wipro declined 1-2.5 percent while Infosys, Hero Motocorp and TCS bucked the trend.
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The Indian equity market is likely to open in the red today with the SGX Nifty trading at 7821, down 55.50 points at 7:55.
Globally, the US markets logged their worst week since May 2012 with benchmark indices ending in the red for the third straight week after Standard & Poor downgraded its outlook for France to negative from stable.
sensex
open : 26,275.07
HIGH : 26,276.57
PREV CLOSE : 26,297.38
LOWS : 26,114.88
CNX NIFTY
OPEN : 7,831.00
HIGH : 7,835.10
PREV CLOSE : 7,859.95
LOWS : 7,796.00
GIFT Nifty is a financial index that serves as an indicator for the Indian stock market. Gift Nifty, formerly know as SGX Nifty
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