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Thursday 9 March 2017

Indices settle with marginal gains ahead of exit polls, Tomorrow stock trading tips

Benchmark indices settled with moderate gains after witnessing a range-bound trade, ahead of the exit polls of recently held state elections scheduled later in the day. 

The BSE Sensex, rose 27.19 points or 0.09% at 28,929.13, while the Nifty50 index gained 2.70 points or 0.03% at 8,927. Investors remained cautious ahead of state assembly election results of 5 states on Saturday, 11 March 2017, amid weakness in global stocks. The BSE Mid-Cap index rose 0.02% and the BSE Small-Cap index fell 0.21%. The market breadth, showing the overall health of the market, was negative. On the BSE, 1,622 shares fell, 1,179 shares rose and a total of 168 shares were unchanged. 

The exit poll results will telecast at 5:30 pm today. Final election results of the elections in 5 states including U.P, Goa, Uttarakhand, Punjab and Manipur are due on Saturday, 11 March 2017.

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