What was upbeat for several consecutive days is downbeat today, but moderately. Initial gains were soon overshadowed with a downtrend in the Indian market indices (25th September). Selling pressures in stock segments ranging from auto, banking to metals, and realty besides mixed trend in the Asian markets have led to the downbeat momentum. At 11.40 am, while the sensex was perched at 18,651.22 down 13.66 points, the nifty moved down by 13.45 points to register at 5,656.15.
Are you recommended to buy Cairn NSE stock? The overall market downtrend has seen its impact on this stock as well. At 12.52 pm, the price of the stock was Rs. 332.45, down Rs-13.10 or -3.79 percent. The previous price close of Cairn India NSE stock was Rs. 345.55 and it opened at Rs. 327. From a short-term perspective, it is watching its performance closely that money should be put in. On a long term perspective, you can expect to enjoy a win-win-situation. It is apparent from the charts of the stock that after registering a 52-week low at Rs. 258, it went up recovering Rs. 143 during the same period. The 52 week high price recorded for stocks of Cairn IND on NSE was Rs. 401.10. Short-term uptrend is but a humdrum affair for most of the stocks. Ebb and flow of the market affects all stocks and Cairn India is no exception. You can well expect this stock to jump up and meet your expectations. Analysts keep a certain price target and the stock may well knock its price target in the forthcoming trading sessions.
The day's high price of Cairn NSE stock was Rs. 341 and the day's low was at Rs. 323.10. Volume of stocks traded was 165,819,072 with average volume at 2,422,549. Consider each of the detailed paraphernalia everyday if you are involved in intra-day trading of the stock to avoid losses. Close market watch is what wise investors believe in.
Cairn IND Limited is involved in the minerals, oils, petroleum, gas and related by-products segments. The company's area of activities include myriad tasks step by step, such as survey, seeing the prospects, drilling, exploration, acquisition, development, production, maintenance, refining, storage, trading, supply, transportation, marketing, import, distribution, and export. Cairn Energy, the parent group, sold an 8 percent stake in Cairn India, raising about $922 million. 153 million shares were sold with each share priced at Rs. 323.10.
Are you recommended to buy Cairn NSE stock? The overall market downtrend has seen its impact on this stock as well. At 12.52 pm, the price of the stock was Rs. 332.45, down Rs-13.10 or -3.79 percent. The previous price close of Cairn India NSE stock was Rs. 345.55 and it opened at Rs. 327. From a short-term perspective, it is watching its performance closely that money should be put in. On a long term perspective, you can expect to enjoy a win-win-situation. It is apparent from the charts of the stock that after registering a 52-week low at Rs. 258, it went up recovering Rs. 143 during the same period. The 52 week high price recorded for stocks of Cairn IND on NSE was Rs. 401.10. Short-term uptrend is but a humdrum affair for most of the stocks. Ebb and flow of the market affects all stocks and Cairn India is no exception. You can well expect this stock to jump up and meet your expectations. Analysts keep a certain price target and the stock may well knock its price target in the forthcoming trading sessions.
The day's high price of Cairn NSE stock was Rs. 341 and the day's low was at Rs. 323.10. Volume of stocks traded was 165,819,072 with average volume at 2,422,549. Consider each of the detailed paraphernalia everyday if you are involved in intra-day trading of the stock to avoid losses. Close market watch is what wise investors believe in.
Cairn IND Limited is involved in the minerals, oils, petroleum, gas and related by-products segments. The company's area of activities include myriad tasks step by step, such as survey, seeing the prospects, drilling, exploration, acquisition, development, production, maintenance, refining, storage, trading, supply, transportation, marketing, import, distribution, and export. Cairn Energy, the parent group, sold an 8 percent stake in Cairn India, raising about $922 million. 153 million shares were sold with each share priced at Rs. 323.10.