Nirmal Bang Securities Pvt. Ltd. - After Market Watch 180210

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The benchmark indices witnessed profit booking after two days of strong rally as huge selling was seen in heavyweight Reliance Ind which was down 3.3% at Rs 998. The Sensex closed at 16,327 down 101 points after trading in the range of 16,452 – 16,287. The Nifty fell 26 points to settle at 4,887 after making an intra-day high of 4,918. Selling was seen in metal, cement, capital goods and realty but select buying was seen in banking stocks. The breadth was negative and the markets total turnover were low at Rs 80,672 cr. as against yesterday’s volume of Rs 1,02,819 cr.

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