Sensex, Nifty50 hit pause button after spectacular rally - News Summed Up

Sensex, Nifty50 hit pause button after spectacular rally


While Indiabulls Real Estate lost 4.23 per cent, Indiabulls Housing Finance fell 3.89 per cent and Indiabulls Wholesale Services 4.89 per cent. Shares of ONGC GAIL and Oil India gained 3.01 per cent, 3.09 per cent and 1.67 per cent, respectively. London's FTSE100 advanced 0.23 per cent, France's CAC40 0.35 per cent and Germany's DAX 0.01 per cent. Once the index gets past these levels, the index futures would probably make their way towards the next price target at 8,585 and 8,590 levels. These are the two levels I would work with," said Dr CK Narayan, Founder, Chart Advise.Energy companies were among the top Sensex gainers.


Source: Economic Times July 13, 2016 11:00 UTC



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