Market At Shut | Monetary shares a significant drag on headline indices
Listed below are some highlights:
–Monetary, cement, insurance coverage shares high losers
–UltraTech, HDFC Life, Shree Cement, SBI Life high Nifty losers
–Paint shares slip, oil & gasoline shares rise on greater crude costs
–ONGC high Nifty gainer, Asian Paints amongst high losers
–Dr Reddy’s continues to fall over Russia-Ukraine disaster, down 11 % to date this week
–Insurance coverage shares reverse Wednesday’s positive factors; HDFC Life down 5 %, SBI Life 3 %
–UPL surges 4 % after Bloomberg’s report of co drawing takeover curiosity; UPL consultant says co denies report
–IT shares rise; Nifty IT up 1 %; Wipro, Tech Mahindra high gainers
–Market breadth in favour of the bulls; advance-decline ratio at 3:2