28th June Market Closing Updates

28th June Market Closing Updates:

The benchmark Nifty was lacklustre in trade today, especially after seeing rally in previous four sessions.  Financial, capital goods and auto companies' shares were leading the market higher. ONGC and Bharti Airtel too were leaders. However, cement, technology, realty and oil marketing companies' shares were on sellers' radar. Even Reliance Industries was flat with negative bias.oday morning, most of the Asian markets are trading with gains ranging from half a percent to 1.3% while SGX nifty is suggesting about 20 points higher opening for our market. Nifty yesterday crossed and closed above 5520, the top made on 14th June, thereby fulfilling the first requirement of the higher-top higher-bottom formation on the daily chart. This will now have to be followed up by a higher bottom. The benchmark has surged nearly 5% in past 3 sessions and some sort of profit booking is quite conceivable. Keep booking profit in trading longs.
Biggest gainers in the 30-share index was Hindalco Industries (4.06%)
Biggest loser in the 30-share index was Jaiprakash Associates (2.37%).
Sectors in Limelight

The Capital Goods index was at 13,690.24, up by 97.74 points or by 0.72%.
The HC index was at 6,348.01, up by 43.48 points or by 0.69%.
The Consumer Durables index was at 6,507.04, up by 37.45 points or by 0.58%.
The Oil & Gas index was at 9,122.14, down by 48.24 points or by 0.53%.