Tuesday, 25 July 2017

Nifty Trips From 10000 Mid-Session As Caution Rises Ahead Of Earnings and US Fed Meet

The Broader Nifty retreated from its historic five-digit mark of 10,000 mark in the mid-morning session on Tuesday to trade in the negative after investors booked partial profits in blue-chips like Reliance Industries, ITC and HCL Tech. NSE Nifty 50 pared morning gains and slipped from record highs to trade in red the as market participants turned cautious ahead of the major earnings due later today and the upcoming US Federal Reserve meeting which is also set for Tuesday. 
The benchmark BSE Sensex also failed to hold on to its record levels and fell by 40 points to 32,20594 points.
The Sensex resumed higher at 32,350.71 and moved between all time record high of 32,374.30 and a low of 32,198.61 in morning trade. The broader Nifty was trading down by 16 points at 9,950.45 in the mid afternoon session. Please Visit Our Website : www.paceresearchindia.com and Call Now : 8817774774

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