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INDIAN EQUITY MARKET OUTLOOK- 3 Feb 2016

Equity Tips
Sensex continues to skid, Nifty struggles; HUL up 2%, SBI tanks

The market is still struggling to keep feet firm in early trade. The Sensex is down 202.93 points or 0.8 percent at 24336.07 and the Nifty slips 63.60 points or 0.8 percent at 7391.95. About 361 shares have advanced, 1431 shares declined, and 44 shares are unchanged.

The Sensex tanked 246.48 points or 1 percent to 24292.52 and the Nifty declined 75.50 points or 1.01 percent to 7380.05.

HUL is up 2 percent while Bajaj Auto, Hero MotoCorp, Sun Pharma and Tata Steel are other top gainers in the Sensex. Among losers are BHEL, ONGC, Tata Motors, ICICI Bank and SBI.

RESULT’S ON 3rd FEB  2016 :  HEWAWARE, IOC, BAJAJ FIN, DISHTV, KEC

Trend in FII flows:
The FIIs were net  sellers of  Rs -113.98 Cr in the cash segment on Tuesday while the DIIs were net buyers of  Rs 323.23 Cr, as per the provisional figures released by the NSE.

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