Sensex Falls Below 32000, Nifty Trades Lower, Private Banks Stocks Fall

Banks Stocks

Gold Silver Reports – Sensex Falls Below 32000, Nifty Trades Lower, Private Banks Stocks Fall – The BSE benchmark fell by over 200 points, pulling back from its record highs, on heavy profit booking in banking, FMCG, oil and gas, pharma and capital goods stocks after a recent rally. Offloading of positions by participants with Thursday being the last trading session of October series contracts in the derivatives segment pulled the index back from record levels, a broker said.

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Sensex closes 276 points up, Nifty rises, Tata Steel, Sun Pharma top gainers

SensexGold Silver Reports — Sensex closes 276 points up, Nifty rises, Tata Steel, Sun Pharma top gainers — Market brimmed with confidence on Tuesday as the Sensex breached the 32,000 mark again by climbing 276 points to bring up a nearly one-month closing high, with the focus clearly on key macroeconomic data. The broader NSE Nifty scaled a high of 10,097.55 before closing up 87 points,or 0.87%, at 10,093.05, the highest closing since 1 August when it settled at 10,114.65.

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Nifty50 Forms Bullish Belt Hold Pattern

Gold Silver Reports — A large green real candle, absence of lower wick and a small upper wick confirmed that the Nifty50 for med a `Bullish Belt Hold’ pattern on the daily chart on Thursday, suggesting that the positive sentiment may continue going ahead.

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