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Tuesday, 23 February 2016

Share market closing update | Today Nifty hold level 7,100

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On closing day of Tuesday the market closed with a red note getting losses. The BSE Sensex closed at 23,410 fell down by 378.61 points or 1.59 percent. And NSE Nifty 50-share fell down by 125 points at 7,109.55 closed above 7,100. The broader market also in under pressure with BSE Midcap and Smallcap indices falling 1.5% and 1.3% respectively. 
Asian Paints ended the day 0.40% higher. End of the day all the Nifty Banks stocks were down,with Bank of Baroda losing 4.81 percent,SBI 3.85 percent,ICICI Bank 3.30 percent,PNB 4.10% and Canara Bank 3.04 percent. 
By the expert view: 
The February series will expire closer to 7,100 level while next series will depend on the Budget outcome.