Nifty ends below 7,900 ahead of December F&O expiry : 30 Dec 2015

Indices ended marginally lower amid profit taking in late trades weighed down by select index heavyweights ahead of the expiry of December F&O contracts tomorrow.The S&P BSE Sensex ended down 119 points at 25,960 and Nifty50 ended down 33 points at 7,896.However, the broader markets outperformed the benchmark indices with BSE Midcap and Smallcap indices ended up 0.1% each. Market breadth ended positive with 1,387 gainers and 1275 losers on the BSE."There was lack of participation and activity by institutional investors because of the year-end holidays. Further, cash volumes remained minuscule ahead of the expiry of December F&O contracts tomorrow. The rupee was trading marginally lower at 66.43 to the US dollar compared to its previous close of 66.39 on month-end demand from importers.
 GLOBAL MARKETS: European shares were trading lower with mining and energy shares among the losers because of weak commodity and crude oil prices. The CAC-40, DAX and FTSE-100 were down 0.1%-0.4% each. Asian shares ended mixed on Wednesday after Japan and China's benchmark share indices ended with marginal gains. The Nikkei and Shanghai Composite each ended nearly 0.3% higher. Among other major markets in the region, Straits Times and Hang Seng ended down 0.1%-0.5% each.

Nifty ends below 7,900 ahead of December F&O expiry : 30 Dec 2015 Nifty ends below 7,900 ahead of December F&O expiry : 30 Dec 2015 Reviewed by Money99 on 16:50:00 Rating: 5

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