NSE BSE Closed Negative Note @ Stock Future Trading Tips

The barometer index, the S&P BSE Sensex, lost 104.91 points or 0.36% at 28,668.22, as per the closing data. The Nifty 50 index lost 35.90 points or 0.4% at 8,831.55, as per the closing data. Weakness in European and Asian stocks weighed on sentiment on the domestic bourses. Key indices extended intraday slide towards the latter part of the trading session after hovering in a narrow range around the flat line till afternoon trade.

The six-member MPC—the other three members are from RBI—will conduct its first monetary policy review on 4 October 2016. The members of the committee from RBI are Governor Urjit Patel, deputy governor R. Gandhi, who is also in charge of the monetary policy, and executive director Michael Patra. The RBI governor will have a casting vote in case of a tie. Highest OI increase w.r.t to increase in price was seen in and Highest OI increase w.r.t to IDFC Decrease in price was seen in AXIS BANK.

Trading Tips

@ Buy Tata Global Future above 144 targets 147.50, 149.00, 150.50 Stop Loss 142.15.

 @ Buy Hind Zinc Future above 229.50 targets 231.50, 233.50, 235.50 stop loss 226.45

The Sensex and the Nifty Highest Closing levels Week @ Market Live Updates

Key benchmark indices settled with small gains in a lacklustre trading session. The barometer index, the S&P BSE Sensex, rose 35.47 points or 0.12% to settle at 28,634.50. The gains for the Nifty 50 index were higher than those for the Sensex in percentage terms. The Nifty rose 28.55 points or 0.33% to settle at 8,808.40. Key indices gained for fourth day in a row. The Sensex and the Nifty, both, attained their highest closing levels in more than a week.

In overseas stock markets, European shares edged higher led by gains in banking and energy shares. Asian stocks rose with sentiment driven by a rebound in oil prices while traders were also keeping an eye on crucial monetary policy decisions due from the US and Japan later this week. Japan stock market remained closed for a holiday. US stocks registered modest losses on Friday, 16 September 2016, with financials and energy shares lagging. The US Federal Reserve policy makers begin their two-day policy meeting tomorrow, 20 September 2016. The Fed is expected to keep its benchmark interest rate unchanged in the wake of recent downbeat US economic indicators. The Fed left the target rang In overseas stock markets, European shares edged higher led by gains in banking and energy shares. Asian stocks rose with sentiment driven by a rebound in oil prices while traders were also keeping an eye on crucial monetary policy decisions due from the US and Japan later this week. Japan stock market remained closed for a holiday. US stocks registered modest losses on Friday, 16 September 2016, with financials and energy shares lagging. The US Federal Reserve policy makers begin their two-day policy meeting tomorrow, 20 September 2016. The Fed is expected to keep its benchmark interest rate unchanged in the wake of recent downbeat US economic indicators. The Fed left the target range for its federal funds rate unchanged at 0.25% to 0.5% for the fifth time during its July 2016 meeting.e for its federal funds rate unchanged at 0.25% to 0.5% for the fifth time during its July 2016 meeting.

 Highest OI increase w.r.t to increase in price was seen in and Highest OI increase w.r.t to IBREALEST Decrease in price was seen in CASTROLIND.