3/27/2017

27 March Nifty Slips below 9100, Sensex open lower, Elite Stock Advisory

The benchmark indices on Monday were trading lower in early trade, tracking weak global cues from Asian markets. At 10.15 am, the BSE Sensex, was down 151.31 points or 0.51% at 29,270.09. The Nifty 50 index was down 51.35 points or 0.56% at 9,056.65. The BSE Mid-Cap index was currently down 0.16%. The BSE Small-Cap index was down 0.01%.   

Overseas, Asian stocks were trading lower after U.S President Donald Trump endured a legislative defeat on Friday, 24 March 2017, when Republican leaders kicked a bill to fix the U.S health care system with the dollar weaker while gold prices up. 

On the economy, the government is likely to table supplementary GST legislations in Parliament today, 27 March 2017. CGST, I-GST, UT-GST and the compensation law are likely to be introduced in the Lok Sabha today.

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