Tuesday 29 November 2016

Equity Benchmarks Moving Up, Midcap Sectors Outperform

Equity benchmarks are continue climbing up. Sensex has jumped up 169 points at 26519 while Nifty is up 54 points at 8181. Smallcap-Midcap sectors are outperforming today. BSE SmallCap is 144 points high at 12251, BSE Midcap has hiked 97 points at 12399. Yet 1669 shares have advanced, 580 shares have declined and 125 shares are still unchanged.

Asian Market Updates: After two consecutive days rally, global indices have fell down today. Nikkei is 38 points down at 18318, Hong Kong's Hang Seng has lost 61 points at 22768 and Taiwan Index with minor loss of 29 points at 9192.

Pharma stocks are underperforming while auto sector is gaining. Idea Cellular, Eicher Motors, Maruti Suzuki, M&M and GAIL are the gainers of Nifty while Sun Pharma, BPCL, HUL, Lupin and Hindalco are losers of Nifty.

Monday 21 November 2016

Bear Hitting Hardly, Sensex Nifty Under Pressure

After a poor opening in the morning, bear struck down the Indian stock market in the mid noon session, where equity benchmark indices have already dropped more than 1%. Currently, Sensex is live at 25823.65 with the loss of 326.59 points and Nifty is live at 7957.70 with the loss of 116.40 points. About six shares have declined on the rise of a single share in the BSE. The broader market has lost around 2.5%, where Banking, Auto, Metals and Small Cap sectors are down more than 2.65% each, while IT and TECk sectors are still holding the positive leads. At Present, Wipro, TCS, Infosys and HUL are the top gainers, while Bank of Baroda, Adani ports, Eicher Motors, SBI and Tata Motors(D) are top losers in BSE. 

In global market, European and American market are trading poorly, while Asian market seems to have both positive and negative trend. In Asian market, Japan's index Nikkei is trading at 18106.02 with the loss of 138.61 points and Singapore's Index Strait Times is trading at 2827 with the loss of 11.60 points.

Friday 18 November 2016

Sensex sheds 77 points; Nifty50 hits 6-month low to end at 8,074


Equity benchmarks indices were trading lower on Friday, closing market at Sensex sheds 77 points at 26,150.24. and the Nifty declined 6-month low to end at 8074. NTPC rallies 4 percent while Tata Steel slips 2 percent. About 1312 shares have advanced, 1277 shares declined, and 166 shares are unchanged. 
The gainers were NTPC, Sun Pharma, Bharti, Hero MotoCorp and M&M, while losers were Tata Steel, ITC, GAIL, Asian Paints and HDFC Bank.
Sectoral indices were trading on a mixed note with stocks from power sector,  witnessing maximum buying interest. Stocks from fast moving consumer goods sector are witnessing selling pressure.

Stock Market Struggling To Drift Up ~ MCX, NCDEX Market Down

Stock market started on a flat note with a slight negative bias, equity benchmarks are still under pressure. BSE Sensex has hiked 7 points at 26233 while Nifty is 5 points up at 8085. In broader market, BSE Small Cap is just 2 points up at 11842, BSE Midcap has risen up 64 points at 12065 and Nifty Midcap has gained 37 points at 14327.

Indian Currency Rupee slipped large amount of points in the morning session itself and is trading lower by 30 paise at 68.12 against US Dollar.

Asian Market Updates: Mostly global indices are in the green zone with Japan's Nikkei leading the region at 18007 with 145 points hike. Hang Seng dropped 3 points at 22259 and Taiwan Index is 13 points up at 9008.

Commodity Market also drifted down today. MCX Gold dropped 184 points at 28947 and Silver lost 293 points at 40447. Crude Oil declined 41 points at 3125.

Friday 11 November 2016

Sensex Nifty Slipping Down - Auto, FMCG, Oil stocks tumble

After a huge rally yesterday, Stock market gone into heavy losses today. Currently Sensex has slumped 392 points at 27124 and Nifty has lost 133 points at 8392. Except Healthcare sector, all the sectors are going through heavy losses. BSE Small Cap has dropped 279 points at 12647, BSE MidCap has moved down 312 points at 12619 and Nifty Midcap lost 335 points at 15055. Just 424 shares have advanced, about 1888 shares have declined and 122 shares are still unchanged. 

Sun Pharma, ONGC, BHEL, SBI and Bank of Baroda are gainers while UltraTechCement, Bharti Infratel, GAIL, Adani Portsand Eicher Motors are the losers in NSE. 

Asian Market is also slipping down today. Nikkei is 23 points up at 17368, Hang Seng dropped 272 points at 22566 and Taiwan index is live at 8957 with 194 points down.

Friday 4 November 2016

Nifty Breaches 8450, GST Push Fails To Calm Nerves ~ Latest Stock Market updates

Indian Stock Market was swinging between the gains and losses in the early session. Stock Market opened in green but moved into negative zone while increase in losses. Sensex has lost 53 points at 27376 and Nifty is 26 points down at 8458. Currently, 499 shares have advanced, 2130 shares have declined and 93 shares are still unchanged. BSE Small Cap has dropped 269 points at 12897, BSE MidCap has lost 142 points at 12872 and Nifty Midcap is 199 points down at 15221. GST has made the market to move down in the losses.

Asian Market Updates : Japan's Nikkei has undergone a major loss of 229 points at 16905, Hang Seng is 13 points up at 22696 and China's Shanghai Composite is 3 points down at 3125.

Gainers: ITC, HCL Tech, HUL, Asian Paints, Axis Bank

Losers: Sun Pharma, Dr Reddys Labs, Lupin, Aurobindo Pharma, Bharti Infratel 

Stocks in Focus Today: Larsen and Tourbo, Union Bank Of India, ICRA, TD Power Systems and PVR are the stocks that will be in focus today.

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