Happy Diwali From Money Maker Research

Sensex Nifty Drifting Down, MidCap Sectors Up

Sensex Nifty trading in green amid volatility with Sensex live at 27953 with 37 points up and Nifty has jumped 25 points at 8640. However indices are moving towards the losses wiping all its early gains. All the major sectors are marginally in the positive zone. BSE Small Cap has hiked 125 points at 13451 and BSE MidCap jumped 128 points at 13410 and Nifty Midcap hiked165 points at 15797. Tech Mahindra, Tata motors are the in the top list of gainers yet.

According to experts, Market will show the volatile nature throughout the day. 

Currently 1553 shares have advanced, 756 shares have declined and 231 shares are still unchanged.

Asian Market Updates: Maximum global indices are trading down except the Nikkei index. Nikkei is trading up 109 points at 17446, Hang Seng dropped 199 points and Shanghai Composite is just 3 points up at 3115.

Reliance Industries fell 23 Percent In Quarterly Results, Sensex Nifty moving under losses

Equity benchmarks opened flat today with minor gains, wiped off their early gains and moved into losses. Sensex has lost 127 points at 28002 and Nifty declined 32 points at 8666. Majority sectors are in negative zone. Bank Nifty, BSE Bankex, BSE Auto and Midcap Sectors are trading with negative points. Indian currency Rupee, is trading lower by 10 paise at 66.91 against US Dollar.

A large IT company Wipro has signed an agreement to acquire Appiro, a global cloud services company that creates modern generation worker and client experiences. Reliance Industries noted the 23 percent fall in their profits of second quarterly reports announced on Thursday.

In Commodity Sector, Gold has dropped 77 points at 29833 while Silver also declined 137 points at 41859. Crude Oil is trading down by 17 points at 33852. 

Currently 1049 shares have advanced, 1062 shares have declined and 142 shares are still with no change in their price.

In Asian Market, Global indices are trading flat. Nikkei is live at 17335 with just 1 point up, Hang Seng is 69 points up at 23374 and Shanghai Composite has lost 11 points at 3073.

Better Tuesday! Surprise rally in Sensex

Although Monday a bit lazy, bulls managed to stage a comeback on Dalal Street on Tuesday, helping the S&P BSE Sensex to surge over 500 points while the Nifty50 reclaimed the crucial level at 8600 in afternoon trade.  Positive global cues helped the Nifty50 regain its crucial level of 8600, which has been a key resistance level for the index. A close above this level will fuel further bullish momentum. The Nifty50 rose over 100 points to reclaim the psychological level of 8650, led by gains in the shares of ICICI Bank BSE 4.58%, Adani Ports, HDFC, Tata Steel BSE 3.46% and Aurobindo Pharma BSE 3.02%.  The action on Dalal Street was broad based, as S&P BSE Midcap & Smallcap indices simultaneously rose over 1% each. 

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Sensex Nifty Edge Up - Latest Stock Market Updates

After major losses in stock market yesterday, Equity benchmarks opened in green zone today with minor leads, struggling to have more higher gains. Currently, Sensex is 43 points up at 27687 while Nifty is just 8 points up at 8581. Indian sectors are trading mixed today. However Midcap and Smallcap sectors are trading higher. BSE Smallcap has hiked 72 points at 13141, BSE Midcap has gained 72 points at 13384 and Nifty Midcap is live at 18995 with 75 points hike. BSE Bankex is trading 54 points up at 21693 and Bank Nifty is 40 points up at 18995.

Asian Market Updates: Nikkei is 73 points up at 16847, Hang Seng jumped 157 points up at 23189 while Shanghai Composite lost 16 points at 3045.

Commodity sector is trading in positive zone with minor leads. MCX Gold is just 9 points up at 29718 while Silver has hiked 50 points at 41940. Crude oil gained 30 points at 3395.

Currently Rupee is trading higher by 8 paise at 66.85 against US Dollar.

Equity Benchmarks Under Pressure, IT Stocks Continue To Skid

Equity benchmark indices opened on a flat note on Friday morning tracking mixed global cues. Sensex live at 28080 with 25 points down and Nifty is down 0.17 percent or 14 points at 8694. Small cap and Midcap sectors are still trading in the positive zone. BSE Small cap is 15 points up at 13240 and BSE Midcap is 11 points up at 13552. Rupee is trading 13 paise down at 66.82 against US Dollar.

Commodity Market is showing average movements today. MCX Gold has hiked 84 points at 29659 ans Silver has jumped 129 points at 41650. Crude Oil is 10 points up at 3378. Currently 1197 shares have advanced, 942 shares have declined and 157 shares are unchanged.

Asian market indices are trading in the negative zone today. Nikkei has lost 59 points at 16839, Hang Seng is 133 points down at 23819 and Shanghai Composite is trading with hike of minor points at 3005. 

Happy Navratri Shubh Navratri 2016