Closed Update- BSE Sensex closes higher by 28 points, to 32,186.41, while the NSE Nifty falls 14 points to close at 10,079. Reliance, Tata Power and Sun Pharmaceuticals were the top gainers on both indices, while Cipla, ITC, BPCL and IOC lost the most.
Oil marketing companies slipped on Exchanges as market nears to the closing hours dragging down the major indices in the market. Finance Ministry is not likely to roll back fuel excise tax hike on account of fiscal constraints and may ask state run Oil marketing companies to further absorb increase in oil prices, as per news.
Bharat Petroleum Corporation Ltd (BPCL) slipped in trade by 6.09% at Rs 501.10 per share, Indian Oil Corporation (IOC) slipped 3.85% at Rs 418 per share and HPCL slipped 5.03% at Rs 457.50 per share on BSE before closing bell.
BSE Oil & Gas (O&G) index closed at 15234 levels, down by 1.7 percent. BPCL was the top loser on the index ending at Rs 500 per share, down by 6.3 percent. Indian Oil Corporation, Hindustan Petroleum and OIL also ended in the negative terrain, down by more than 4%.
Tomorrow 14 Sept Thursday Stocks Future Trading Calls-
BUY RPPINFRA ABOVE 290 TARGETS 292.8 , 295.6 , 298.4 STOPLOSS 284.4
BUY NECCLTD ABOVE 43.9 TARGETS 44.3 , 44.7 , 45.1 STOPLOSS 43.1
BUY RICOAUTO ABOVE 101.4 TARGETS 102.4 , 103.4 , 104.4 STOPLOSS 99.4
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