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.

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.

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.

Stock Market Rises More Than 1 Percent - Updates By Money Maker Research

Indian stock market rose over 1 percent on Friday in the noon session, heading for their third straight session of gains, in line with Asian markets as lackluster U.S. retail sales data reduced already low chances of an interest rate hike by the Federal Reserve next week. Sensex has hiked 295 points yet and Nifty has rise 79 points to 8822. Currently Rupee is trading higher by 13 paise at 66.89 against US Dollar. Till yet 1571 shares have advanced, 996 shares declined and 184 shares remained unchanged. Midcap sectors are showing average movements. BSE Small Cap has hiked 53 points to 12799, while BSE Midcap drifted up 30 points to 13122.

Commodity Market is slipping down in today's session. In Bullion Market, MCX Gold dropped 52 points to 30858 and Silver dropped 141 points to 45497. Crude Oil fell 40 points down ahead weak global cues.

Asian Market Update: Nikkei has hiked 114 points to 16519, Hang Seng hiked 144 points to 23335 and China's index Shanghai Composite dropped 20 points to 3002.

Is Budget A Bad Omen For Indian Market?

The Indian Market is moving quite sluggish on the last day of the month and it is definitely caused by the upcoming Budget today. Many people are not trading today due to a common conception that, on the budget day market gives negative returns. Although, this Bad Omen had already started with morning trading session, where the Sensex and Nifty was trading with the respective loss of 112.93 and 48.10 points. Currently, Sensex is trading with the loss of 359.90 points and 117.55 points. With the excitement of having the Budget in their favor, Banking sector is showing high movements. Along with the Small Cap and Mid Cap Indexes, FMCG, IT and Metal Sector have also got affected by the upcoming budget and currently moving under the negative zone. In MCX Commodity Market, Silver and Crude oil are trading with the loss of 0.52% and 2.43% whether Gold has hiked up by 237 points and moving in positive zone. In Base Metals, except Aluminium all other commodities are trading with minor losses. Until now the NCDEX Commodity Market has received mixed trading and performing average with minor highs and lows.