शुरुआती गिरावट के बाद बाजार रिकवरी पर बंद

बाजार ने अपनी सुस्त शुरुआत  से अच्छी रिकवरी की  क्योंकि निवेशकों ने राज्य विधानसभा चुनाव परिणामों के अंतिम परिणामों से पहले अपना ध्यान केंद्रित किया। एफएमसीजी, फार्मा बैंकिंग और आईटी शेयरों के नेतृत्व में पिछले घंटे के कारोबारी सत्र में प्रमुख बेंचमार्क बढे।  

सेंसेक्स 190.29 अंक अधिक 35,150 स्तर पर बंद हुआ, जबकि एनएसई निफ्टी 60.70 अंक बढ़कर 10,549.15 पर बंद हुआ। 

एनएसई पर सभी सेक्टोरल इंडेक्स बढ़त  में समाप्त हुए, जिसमें निफ्टी पीएसयू बैंक और निफ्टी फार्मा क्रमशः 2.65 और 2.48 प्रतिशत की बढ़ोतरी हुई।

Stocks in focus today ahead of Q1 earnings, Trading Strategy with best stock advisory

These stocks are in focus on Wednesday, 9 August 2017, after earnings release and major announcements:
Tata Chemicals yesterday reported a 14% fall in consolidated net profit at Rs 177.9 crore for the first quarter ended June 30, 2017.
GSK Consumer Health-care has announced 17.6% decline in standalone net profit at Rs. 132.23 cr, for the quarter ended June 30, 2017.
 Jindal Steel & Power Ltd has reported narrowing of its consolidated net loss at Rs 420.4 crore in the three months ended June 30.
The largest Gold financing co, Muthoot Finance Ltd has reported a raise of 305 in net profit at Rs 351 cr, for the first quarter ended June 30, 2017.
Jagran Prakashan, the leading publisher has reported a 5.48% increase in consolidated net profit at Rs 88.70 cr, for the June quarter.
Axis Bank, on 8 Aus 2017 has cut the interest rate on S.B accounts by 50 bps to 3.5% for deposits up to Rs 50 lakh, even if it will continue to pay 4% interest on deposits of above Rs 50 lakh.

03 Aug Closing Bell: Sensex and Nifty extend losses on grim sentiment, Reliance shares hit a new high

Indian share Markets extended its loss on Thursday closing after continuous selling pressure in metal and banking stocks. BSE Sensex closed lower by 239 points, or 0.74%, to 32,238, while the Nifty 50 fell 68 points to 10,014 points.

The BSE Mid-Cap index fell 0.5 percent and the BSE Small-Cap index shed 0.95 percent. The fall in this index was higher than the Sensex's decline in percentage terms.

The market breadth showed weakness. About 1,793 shares declined and 827 shares advanced and a total of 153 shares unchanged. Reliance shares ended at new record closing high of Rs 1,655, up 1.6% after hitting an intraday peak of Rs 1,665.

Metal stocks declined after weak economic data in China. Jindal Steel & Power down 10.02%, Bhushan Steel slipped 3.65%, Vedanta shed 0.48% and Tata Steel down 1.4% among others.

RBI rate cut fails to cheer markets, Nifty ends below 10,100

The Sensex and Nifty ended lower after the RBI cut repo rate by 25 bps to 6%, the lowest since November 2010. Both the Indices had hit their highs of 32686 and 10137, respectively at open.   The repo rate cut came after a fall in food prices sent June consumer inflation to a more than 5-year low of 1.54 percent.
On Closing, the BSE Sensex declined 98.43 points at 32,476.74, while the Nifty50 index lost 33.15 points at 10,081.50.  The breadth, showing the overall vigor of the market was negative. On the BSE, 1595 shares declined and 1063 shares advanced and a  total of 175 shares were unchanged.
Ambuja Cements, NTPC and Adani Ports gained the most on Sensex and Nifty, while Indiabulls Housing, BHEL, Dr Reddy’s were the top losers.
Overseas, European markets edged lower since energy shares pulled back after a drop in oil prices, while Asian markets ended mixed after Asian technology stocks hit 17-year highs.