Here's the simplest explanation of what is happening at Dalal Street today
Sep 8, 2015, 14:13 IST
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The markets are trading at their day's highs on Tuesday as three days of sustained selling on blue chips saw some traders covering a part of their short positions and booking profit while a few brave investors made feeble attempts at hunting for value in a market that is trading near 14-month lows. Here is a snapshot of the cash segment on the National Stock Exchange, on Tuesday.MAJOR BENCHMARKS
Nifty added 1.3% to 7,658 points
Sensex rose 313 points to 25,207 points
CNX 100 Index rose 1.2% to 7,784 points
CNX 500 Index added 1% to 6,387 points
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CNX Realty leapt 5.2%to 160 points
CNX PSU Bank soared 3.6% to 2.969 points
Bank Nifty jumped 3% to 16,264 points
CNX FMCG fell 0.9% to 19,177 points
CNX Pharma slipped 0.4% to 12,190 points
TOP NIFTY GAINERS
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Yes BankGAIL
Tata Steel
Bank of Baroda
BHEL
TOP NIFTY LOSERS
Hind Unilever
Cairn
Cipla
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Reddy'sLupin
TOP TRADED ON NIFTY
Axis Bank
Yes Bank
ICICI Bank
SBI
Tata Elxsi
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NEW LOWSAdani Ent
BGR Energy
Andhra Bank
NEW HIGHS
Abbott India
ADVANCE-DECLINE RATIOS:
Nifty: 40/10
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Sensex: 22/8Futures: 41/119
Broader market:1,199/1,287
(Image credits: Indiatimes)