Sensex, Nifty tepid as Fed rate decision eyed

Benchmark indices continued to be indifferent in the afternoon trade as investors awaited Federal Reserve rate decision due tonight. The S&P BSE Sensex, was down 44.52 points or 0.15% at 29,398.11, while the Nifty 50 index was down 2.20 points at 9,084.80, on closing. The BSE Mid-Cap index rose 1.06% and the BSE Small-Cap index rose 0.66%. Both the index outperformed the Sensex. The market breadth, signaling the overall health, was positive. About 1,411 shares advanced against 1,398 declining shares on the BSE. A total of 188 shares were unchanged.
IT stocks were the main laggards today on surging rupee. BSE IT was down 1.8% dragged by TCS and Infosys going down 2% each and making them the big losers on BSE Sensex.
US stocks crossed lower yesterday, 14 March 2017, as a continual slump in oil prices that put pressure on energy shares and as investors await the outcome of the two-day Federal Reserve's policy meeting later today. The probable increase in interest rate would be the first of likely three this year.

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.

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.

Domestic Benchmarks Plunging Down, Midcap Sectors Trading Up

After the government confirmed that in response of Pakistan terrorist activities surgical strike by Indian soldiers, investors panicked and took to seeling plunging equity benchmarks to drop more than 1.5 percent intraday. Domestic equity benchmarks opened flat on Friday morning. Sensex dropped 43 points or 1.06 percent to 27783 and Nifty dropped 8 points or 0.10 percent to 8535. Midcap and Small cap indices are trading with positive leads in the struggling market. BSE Small Cap has hiked 170 points to 12684, BSE Midcap gains 164 points to 13078 and Nifty Midcap hiked 185 points to 15284. Yet, 1613 shares have been advanced, 584 shares have been declined and 137 shares are unchanged.

Asian Market Updates: Global indices are trading down. Nikkei is trading 215 points down to 16478, Hang seng is 314 points down to 23425 and Shanghai Composite is 4 points up at 3003.