Wednesday, August 24, 2016

Sensex, Nifty volatile; metal, CGS stocks weigh 24/08/2016 14:18

Sensex, Nifty volatile; metal, CGS stocks weigh
24/08/2016 14:18
NIFTY Fut TREND : BUY ZONE
BANKNIFTY Fut   : BUY ZONE


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The key domestic benchmark indices continued to remain choppy during the late noon trading session amid caution ahead of Federal Reserve chair Janet Yellen's speech later in the week. Fed Chair Janet Yellen's speech on Friday will offer further clues on whether the US Fed will raise interest rates this year or not.

At 14:07 hours, the 30-share benchmark index was trading at 27979.96 down by 10.25 points or by 0.04 per cent, while the NSE Nifty was at 8630.5 down by 2.1 points or by 0.02 per cent.

Among the sector, metal and consumer goods indices were among the major losers, declining 0.44 per cent and 0.37 per cent respectively.

On the global front, Asian peers ended the day on a mixed note, while European counters were also trading on a mixed note.