SENSEX Down for 6th Day, Nifty Holds 8000| Stock Trading Tips Tomorrow

Closing Market Updates :

BSE Sensex fell 97.68 points to 26559.15 and the 50-share NSE Nifty declined 15 points to 8050.80, continuing downtrend for sixth consecutive session today. The broader markets closed flat. The Nifty below 8000 intraday but buying in Reliance Industries & ITC and recovery in Infosys helped market recover in last hour of trade.

Banking stocks suffered sharp losses for the second consecutive day with the sectoral index Bank Nifty falling 0.93 per cent. Banking stocks suffered sharp losses for the second consecutive day with the sectoral index Bank Nifty falling 0.93 per cent.
Axis Bank, which slumped over 7 per cent in the previous session amid asset quality concerns, fell 2.8 per cent. Among other banking stocks, SBI fell 2.1 per cent while PNB declined over 1 per cent.Yes Bank however gained 2 per cent after the private sector lender’s Q2 earnings came in line with estimates.