Sensex, Nifty ended lower; broader markets outperforms, ICICI drags

The key indices  Sensex and Nifty ended the session on a negative terrain in a volatile trade, The BSE Sensex went down 8.21 pts at 31,137.59, while the NSE Nifty-50 index ended 5.15 pts lower at 9,616.10.  The market breadth was positive with 1413 advancing shares against a decline of 1262 shares, and there were 178 shares unchanged. BSE Midcap and BSE Smallcap index outperformed, BSE Midcap index was up 0.48 percent, while BSE Smallcap index rally above 1 percent.
Auto, Capital Goods, Consumer Durables, FMCG, Healthcare, and IT index showed the positive strength, while BANKEX, Bank Nifty, Metals, Oil & Gas, PSU, and Teck were down
Today.
Adani Ports was the star performer on both indices today, along with HUL, Larsen, Sun Pharma, and IT, while, Vedanta, ICICI Bank, Hindalco, ONGC, and Tata Steel were losing sheen.

Sensex, Nifty close at record highs for fourth straight session

Market registered small gains in a range-bound trading session on Tuesday. The BSE Sensex rose 50.12 points at 31,159.40, while the Nifty 50 index rose 20 points to 9,624.55, as investors booked profits in the recent outperformers like ITC, while the arrival of monsoon rains kept the sentiment cheerful.

In the broader market, the BSE Mid-cap gained 0.8 percent, while the BSE Small-cap rose 0.5 percent to trade flat. The market breadth was in favour of declines as about 1,427 shares were declined and 1168 shares advanced on the BSE.

Mahindra & Mahindra rose 0.82 percent after its net profit surged 19.93 percent to Rs 725.16 cr. Hindalco Industries gained as much as 1.09 percent after company’s net profit rose 25.75 percent to Rs 503 crore. L&T was down 1.12 percent, while Bharat Heavy Electricals dipped 8.55% after it net profit dropped 57.38% to Rs 215.55 crore on 5.8% fall.

The fertilizer stocks have been picking momentum on the exchanges as India braces for the monsoon. The monsoon is expected to arrive over the Indian mainland on June 1 and on hopes of normal rainfall in the year 2017, investors are choosing to buy the fertilizer stocks.

Sensex soars 315 pts to close at record high, Nifty above 9,400-Level

The BSE Sensex hit a record high on Wednesday’s closing bell, as shares of FMGC and agriculture-reliant companies rallied after the IMD forecast a higher monsoon rainfall than expected earlier. The NSE Nifty rose 0.99% to a record high of 9,414.75, surpassing its earlier milestone marked on 5 May. BSE Sensex closed higher by 314.92 pts, to 30,248.17, while the NSE Nifty-50 index rose 90.45 pts, or to 9,407.30.

BSE Midcap closed higher by 0.87 percent at 14,853, while Smallcap closed higher by 0.75 percent at 15,561. India volatile Index closed lower by 0.6 percent at 11.04 levels.

Idea Cellular and Bharti Airtel advanced to higher levels today. Bharti Airtel was the major index gainer rising 8 percent. Nifty bank underperforms the trading session, due to PSU banks trade under pressure.

Biocon Ltd fell 6.1%, after the U.S health regulator issued Form-483 to its Bengaluru facility with some observations. IDBI Bank declined 4.5% after the RBI initiated prompt corrective action over the lender’s surging bad loans and downbeat return on assets.

Some companies have announced their earning results today which includes Zee Entertainment, Hero Motocorp, Siemens, 8K Miles Software and Capital First.

Markets end lower, Nifty closed at 9,203 levels; Tata Steel top Nifty loser

In Wednesday’s choppy trading session, the NSE Nifty closed 9203 or 0.33%, whereas BSE Sensex closed at 29, 643 levels down by 144 points or 0.49%. There were 1095 advances, 1778 declines and 149 unchanged stocks on NSE reflecting fairly negative bias floating in the market.

Tata Steel Ltd was the top Nifty loser, lower by 2.2% at 477.5 per share, while Bosch Ltd was the top Nifty gainer higher by 3.7% higher at Rs. 23,600 per share.

BSE Mid-cap index closed lower by 0.22% at 14,346 level, whereas BSE Small-cap index closed lower by 0.49% at 14,852 level.

The ITC Limited was touching its intraday high of Rs 285 per share in the afternoon hours today, but later slipped further to close at Rs 281.8 per share down by 0.12%.

 

Sensex rises 213 points, Nifty ends above 9200 ahead of IIP data release

BSE Sensex rose on Tuesday closing after three successive sessions of falling as recent decliners such as IT stocks regained, but overall sentiment was cautious ahead of the beginning of the earnings season.
The BSE Sensex ended at 29,788, up 213 points, whereas the broader Nifty-50 index closed at 9,237, up 55 points.  The BSE Mid-cap and BSE Small-cap indices gained 0.4% and 1%, respectively. The overall health of the market was positive with  1,719 advancing shares and 1,154 declining shares on BSE. A total of 148 shares were unchanged.
BHEL stock went up 1.2%, Havells India up 1.99%, ABB India rose 3.05%, Bharat Electronics gained  2.32%, L&T up 1.75%), and Siemens gained 0.48%.  Infosys Ltd rose 1.55% It will release its quarter-fourth results on Thursday, 13 April 2017.
Aisa - Europe  stocks declined as tensions prevailing in the Middle East and political vagueness in Europe kept investors on edge, underling safe assets like the yen, gold and treasuries.

Sensex closes down 221.73 points, Nifty Ends below 9200 on geopolitical concerns

Benchmark BSE Sensex edged lower, tracking Asian share markets as geopolitical worries grew after the U.S launched cruise missiles against an air base in Syria.
Both indices have gained near 0.8 percent on the week, and are heading for a second successive weekly gain. Telecom major Bharti Airtel and Idea Cellular rose near 2.53% and 3.35%, respectively, after their competitor Reliance Jio Infocomm,  announced that  the telecom regulator had asked it to withdraw a three-month complementary offer to subscribers.
The Nifty Realty index rose nearly  1.14% to its highest in nearly two years. Reserve bank of India on Thursday said it has allowed banks to invest in REITs and  InvITs within regulations set by the capital markets regulator.
Indiabulls Housing Finance was down 2.19%, after the company announced that it has allotted its 15th tranche of NCDs aggregating to Rs 1,000 crore on a private placement basis.
The Indian rupee strengthened to a fresh 20-month high against the USD, a day after RBI increased reverse repo rate and conveyed concerns about inflation. The rupee was trading at 64.41, up 0.20%, from previous day’s close of 64.54. It opened at 64.70 a dollar and touched a high of 64.33.

Nifty closes over 9200 for first time ever, Sensex closes 90 points

Indian market registered modest gains in the first trading session of the week. The BSE Sensex, advanced 289 points or 0.98% at 29,910.22, The NSE-Nifty-50 index rose 64 points or 0.7% at 9,237.85. BSE Mid-cap Index closed up 0.6% at 14,189 while, BSE-Small-cap Index closed up 1.2% at 14,620. Reliance, L&T, ICICI, and HDFC were the top contributors to the Nifty gains. About 1244 advanced, 428  shares declined  and 269 shares  unchanged on NSE, reflecting bullish sentiment floating in the market.  L&T was the top Nifty gainer whereas, Bharti Airtel was the top Nifty loser today.  Bharti Airtel closed at Rs 342 p

er share up by Rs 7 and Infosys closed at Rs 1,009 per share up by Rs 11.

Indian rupee strengthened to its highest in nearly 1 ½ years and bonds rallied.  Foreign Portfolio Investors (FPIs) pumped in a record Rs. 57,000 crore in Indian capital markets in the month of March, the biggest monthly total since 2002, as per stocks depository services provider NSDL.

NSE index rose about 0.51% to a record high of 9,220.65 points, exceeding its previous landmark of 9,218.40 points hit on 17 March. The bonds have also rallied, reflecting the benchmark ten-year bond yield down near 14 bps to 6.55%.

For More Update click here

Nifty below 9,050; Shares fall down on weak global cues

Trading on Monday began on a downbeat note as domestic shares reflected weakness in other global stock markets. The BSE Sensex, fell 187.96 points or 0.64% to 29,233.44. The NSE Nifty50 index fell 62.80 points or 0.69% to 9,045.20, dragged by fall in IT and pharma stocks on strong rupee sentiment. Sentiment also affected  after private weather forecaster Skymet issued a statement today forecasting India's monsoon in 2017 is likely to remain below normal at 95% of the long period average of 887 mm for the four-month period from June - September.
The BSE Mid-Cap index fell 0.27% while the BSE Small-Cap index fell 0.06%.  On BSE, 1630 shares declined and 1158 shares advanced and a total of 231 shares were unchanged. Reliance Industries Ltd fell 3% after it was caught on fraudulence in taking a short trading position at the time of selling a stake in a unit in 2007. 
Asian stocks declined as investors were worried about the Trump's administration's inability to push through its policy initiatives.
Finance Minister Arun Jaitley today tabled supplementary GST legislations in Parliament amid protests from the members of the Congress Party.
 

Nifty ends at 9,100; Sensesx closes high led by banking stocks

The key benchmark indices on its closing Friday settled higher led by  gains in banking stocks following news reports that the Finance Minister Arun Jaitley has announced to offer a solution to the growing non-performing assets  crisis in next few days.
The BSE Sensex ended at 29,421.40, up 89.24 points, while the broader Nifty50 settled at 9,108, up 21.70 points. Both the indices registered  their first weekly loss in March, retreating from a record high attained last week.
In the broader market, the BSE Midcap ended 0.1% down, while the BSE Smallcap index gained 0.3%.  On the BSE, 1471 shares declined against  1,346 advancing shares and a total of 218 shares were unchanged.
Bank stocks advanced. ICICI Bank rose 3.28%, Kotak Mahindra Bank rose 1.2%, Axis Bank up 0.49% among others.

L&T Technology Services Debuted, Stock Market Moving towards losses

Indian Stock Market opened flat today amid weak global cues. Global Axles, the rear axle shaft manufacturer will debut in the stock market on 26th September and price for its stock is fixed as Rs 207 per share. L&T Technology Services has made the stock debut today with RS 860 as its issue price. Sensex is live at 28749 with 24 points and Nifty has lost 6 points to 8860. Currently, Rupee is trading down by 5 paise at 66.71 against US Dollar. Midcap sectors are still trading in the positive zone. BSE Midcap is 51 points up to 13346 while Nifty Midcap is up 53 points to 15692 and BSE Small cap has hiked 54 points yet to 13003.

Commodity market is moving into the negative zone with some major and minor losses. MCX Gold has lost 101 points to 31231 and Silver dropped 400 points or 0.84 percent to 47168. Crude Oil dropped 33 points down to 3068.

In Asian Market, global indices are trading with minor losses. Nikkei dropped 42 points to 16765, Hang Seng lost 18 points to 23740 and Shanghai Composite is just 5 points down to 3036.

Sensex Nifty Slumped, Commodity Market on Flat Note

Sensex and Nifty opened on a flat note on Friday morning. Sensex has lost 196 points at 28848 and Nifty has lost 64 points yet. Commodity market is also showing average movements today. MCX Gold has dropped 6 points to 31197 while Silver dropped 18 points to 46696. In energy sector, Crude oil dropped 21 points to 3143 and Natural gas hiked 1.20 points to 187.30. Midcap sectors are trading down today. BSE Smallcap dropped 49 points to 12873, BSE Midcap dropped 92 points to 13386 and Nifty Midcap dropped 74 points to 15671. BSE Auto sector dropped 267 points to 22919, BSE BANKEX dropped 301 points to 23184 and Bank Nifty lost 243 points to 20173. Currently, Rupee is trading lower by 13 paise at 66.55. Till yet 890 shares have advanced, 1422 shares have declined and 146 shares are unchanged.

Asian Market Updates: Japan's benchmark index Nikkei trading at 16965 with minor hike of 7 points, Hong Kong's benchmark index has a major hike of 336 points at 24255 and China's Shanghai Composite has dropped 2 points to 3093.

Equity Benchmarks Strong Opening, Sensex Reclaims 28000 level

Stock Market started on a higher note in the morning trade on Friday. Benchmark indices are trading with fabulous leads. Sensex live at 28017 with 303 points hike and Nifty live at 8641 with 90 points lead. All the major sectors are trading in the positive zone. BSE Small Cap with 127 points hike live at 12255, BSE Midcap with 118 points hike live at 12605, Nifty Midcap currently on 14734 witk 139 points up and the Auto sector is leading of all with 244 points hike at 21253. Asian Market is trading mixed. Nikkei dropped 11 points to 16243, Hang Seng with 301 points up trading at 22134 and Shanghai Composite with 3 points down live at 2979 points. MCX and NCDEX market are showing the average movements. MCX Gold dropped 20 points to 31760 and Silver slided 127 points down to 47550. Crude Oil and Natural Gas with minor drop are trading at 2782 and 189 points respectively. Rmseed dropped 7 points to 4924, Soyabean had a minor drop of 2 points at 3628 and Cocudakl uplifted 9 points to 2547.