Sensex under pressure, Infosys, BHEL down, 29 May stock market tips

sensex sluggish11:00 AM,Today Equity market under pressure in morning time. The S&P BSE Sensex dropped over 100 points in trade on Thursday ahead May future & option expiry. Led by losses S&P IT index was decline 3.03%, Infosys, Wipro , HCL Tech etc.

The nifty index was also trading negative bias, with was trading around intra-day support level of 7300.

11:15 AM, The 30-share Sensex is down 168.61 Pts or 0.69% at 24387.48 and The 50-share nifty is down 40.75 points or 0.56% at 7288.90.

The S&P Indices Capital goods FMCG, IT index, Bank index, Auto and Metals was under selling pressure trade today.

Among Ultra Cements 2.47%, Tata power 1.61%, Bharti Airtel 1.48%, Bank of Baroda 1.12%, Grasim 1.11%, Kotak bank 1.11%, HDFC 0.99%, Dr. Reddy’s 0.94%, PNB 0.92%, Gail 0.85% were top gainers today.

Among Infosys 2.82%, SSLT 2.53%, Hindalco 2.21%, Wipro 1.99%, Jindal steel 1.87%, Cairn 1.64%, BHEL 1.55%, NMDC 1.50%, IDFC 1.22%, Reliance 1.14% were top losers today.

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