Asian share came within reach of testing their 2016 peak on Wednesday as prospects of solid us growth and accommodative economic policy in major countries whet investors risk appetite damaged by uncertainty from Brexit. The market looks poised for another rally on Wednesday with strong global cues lending support. The nifty is likely to be in range between 8350-8600 as risk appetite increase but IT will be crucial for IT to hold 8500 levels today.
Live Update- The 30-share BSE Sensex is trading down 37.81 points or 0.14% at 27770.33 and The 50-share NSE Nifty index is trading falls 19.05 points or 0.22% at 8502.00.
The BSE Midcap index down 0.79 percent at 12021.27 and The BSE Smallcap Index decline 0.74 percent at 11991.79.
Among ONGC 3.47%, BHEL 3.33%, Gail 2.05%, Tata Steel 1.56%, Hindalco 0.92%, Reliance 0.81%, IDEA 0.72%, Kotak Bank 0.69%, Wipro 0.61%, Tech-mahindra were top Gainers today.
While BPCL 2.50%, Tata Mtrdvr 1.87%, Power Grid 1.56%, Maruti 1.45%, Indusindbk 1.44%, Adani ports 1.01%, Axis bank 0.99%, LT 0.96%, Yes bank 0.87% were top Losers today.