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Monday, February 22, 2016

Equity Tips
The market extended losses in morning trade, dragged by FMCG, banking & financials and technology stocks. Metals and select auto stocks outperformed.

The 30-share BSE Sensex fell 144.73 points or 0.61 percent to 23644.06 and the 50-share NSE Nifty declined 49.15 points or 0.68 percent to 7185.40. The broader markets too were under pressure with the BSE Midcap and Smallcap indices down nearly half a percent.

The market breadth was weak as about two shares declined for every share advancing on the BSE.

Markets in Asia gave up early gains on Tuesday, trading mostly lower as the improved market sentiment which spurred a global rally Monday appeared to fade. Shanghai declined over a percent.

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