NSE Nifty slipped 33.55, Market Report

Nifty-TipsMarkets continue to trade lower amid volatility as participants remain wary ahead of the US Federal Reserve meet and worries regarding a UK referendum that could push Britain out of the European Union. Weakness in the global equities amid a decline in crude oil prices further dented sentiments The selling pressure continued for second consecutive session on Friday, tracking weakness in global peers again and further profit booking in banks, auto, FMCG and metals stocks. The 30-share BSE Sensex fell 127.71 points to 26635.75 and the 50-share NSE Nifty slipped 33.55 points to 8170.05. The broader markets also caught in bears’ grip with the BSE Midcap and Smallcap indices falling 0.2-0.4 percent. Highest open interest has been seen in 8300 and 8400 strike price for the call option and in 8000 and 8100 strike price for put option.