26 October Sensex Nifty down, Stock Trading BUY/SELL

The market is rolling under pressure since banks continue to struggle with asset worries in September quarter. The Sensex is down 227.53 points or 0.8% at 27,863.89 and the Nifty is down 55 points or 0.6% at 8,636.30. About 1,277 shares have advanced, 1,015 shares declined, and 178 shares are unchanged.

Bankex is down over 1% dragged by Axis Bank with 8% down, and ICICI Bank 3% down. Other losers in the Sensex are Tata Motors, Asian Paints and Adani Ports, while gainers are Bharti, Hero, Bajaj Auto, Maruti and M&M in the Sensex.

Gold prices extended gains after hitting nearly 3-week highs in the previous session, maintained by rising physical demand prior to India’s festive season, Dhanteras and Diwali.

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