25 Sept Nifty consolidaton below 8000, Oil & gas, banks and metals stocks selling pressure

sms-6298The equity market opened see consolidation with the nifty declined 8000 levels on expiry contract for September F&O derivative contract. BSE indices Oil & gas, metals, bank and power stocks were under selling pressure.

The Sesnex is down 100.93 points or 0.38% at 26643.76 and the nifty is down 33.50 points or 0.42% at 7968.90.
The Sensex Itraday hit a high 26814.20 and low of 26604.56 and The nifty hit a high of 26814 and low of 26604.56.

Cipla, Cola India, Gail, TCS, Dr. Reddy’s were gain 1-2 per cent, Infosys, L&T, Hind.unilever, HDFC bank, ITC gained 1 per cent.

Hindalco Inds, ICICI bank, Axis bank, ONGC, SBI, Tata power, BHEL, RIL M&M, Tata steel, Sesa Goa, NTPC were decline 3 per cent to 1 per cent.