Sunday, 1 November 2015

Sensex slides 100 pts, Nifty option tips, Nifty below 8,050 2 Nov, 2015

Nifty option tips for today : The S&P BSE Sensex slided over by 100 pts after resuming trading post a technical glidge tracking muted trends seen in other Asian markets.

The Nifty50 started on a cautious note & was trading under the critical support level of 8,050. The broader market mirrored the weakness seen in the benchmarks as the BSE midcap index was down 0.3 per-cent while the BSE smallcap index traded lower by 0.25 per-cent.
http://www.researchvia.com/stock-options/  
The sentiment on the Street remained weak as 6 of the ten BSE stocks traded in the red lines. Looking at the sectoral indices, the BSE Healthcare index saw the biggest fell down, slumping 1.2 per-cent led by heavy losses in Opto Circuits and Hikal.

The shares of automakers surged up to 3 per-cent in early morning trade after October month sales data indicated strong requirement appetite among consumers for automobiles.

Read More : Nifty option tips

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