Thursday Market Afternoon Update

By | 1 June 2017

Benchmark indices continued to remain consolidated, even as the Nifty hovered around 9600-mark. The market’s next big trigger could the Reserve Bank of India’s monetary policy stance next week. The Sensex was down 25.56 points at 31120.24, while the Nifty was down 14.70 points at 9606.55. The market breadth was narrow as 1,320 shares advanced against a decline of 1,102 shares, while 156 shares were unchanged. Hindustan Unilever and Adani Ports continued to gain the most, while Tata Steel, ICICI Bank, Vedanta and Indiabulls Housing lost the most. European markets opened mixed Thursday as investors eyed oil prices and continued to monitor politics in the region with U.K. elections just a week away