MID-SESSION
Market hits fresh intraday low
Key benchmark indices extended losses to hit fresh intraday low in mid-morning trade as weakness in Asian stocks dampened sentiment. The S&P BSE Sensex hit 2-1/2-week low. The 50-unit CNX Nifty hit its lowest level in almost three weeks. The Sensex was down 119.24 points or 0.6%, off close to 120 points from the day's high and up about 5 points from the day's low. The market breadth, indicating the overall health of the market, was negative.
IT major Wipro surged as the company issued upbeat revenue guidance for Q2 September 2013 at the time of announcing Q1 June 2013 results after trading hours on Friday, 26 July 2013.
The market edged lower in early trade on weak Asian stocks. The market extended initial losses to hit fresh intraday low in morning trade.
At 11:20 IST, the S&P BSE Sensex was down 119.24 points or 0.6% to 19.631.34. The index declined 122.93 points at the day's low of 19,625.26 in mid-morning trade, its lowest level since 11 July 2013.
The CNX Nifty was down 39.50 points or 0.67% to 5,846.70. The index hit a low of 5,843.95 in intraday trade, its lowest level since 10 July 2013. The index hit a high of 5,886 in intraday trade.
TCS rose 0.12%. TCS said during market hours today, 29 July 2013, that it has won a three year contract from the Zambia Revenue Authority (ZRA) for the modernisation of its domestic tax system.
Market hits fresh intraday low
Key benchmark indices extended losses to hit fresh intraday low in mid-morning trade as weakness in Asian stocks dampened sentiment. The S&P BSE Sensex hit 2-1/2-week low. The 50-unit CNX Nifty hit its lowest level in almost three weeks. The Sensex was down 119.24 points or 0.6%, off close to 120 points from the day's high and up about 5 points from the day's low. The market breadth, indicating the overall health of the market, was negative.
IT major Wipro surged as the company issued upbeat revenue guidance for Q2 September 2013 at the time of announcing Q1 June 2013 results after trading hours on Friday, 26 July 2013.
The market edged lower in early trade on weak Asian stocks. The market extended initial losses to hit fresh intraday low in morning trade.
At 11:20 IST, the S&P BSE Sensex was down 119.24 points or 0.6% to 19.631.34. The index declined 122.93 points at the day's low of 19,625.26 in mid-morning trade, its lowest level since 11 July 2013.
The CNX Nifty was down 39.50 points or 0.67% to 5,846.70. The index hit a low of 5,843.95 in intraday trade, its lowest level since 10 July 2013. The index hit a high of 5,886 in intraday trade.
TCS rose 0.12%. TCS said during market hours today, 29 July 2013, that it has won a three year contract from the Zambia Revenue Authority (ZRA) for the modernisation of its domestic tax system.
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