Monday Morning Session Indian Stock Market Updates

Indian Stock Market lost the early gains in Monday Morning Session. On the first trading day of this week, Indian Rupee opened 67.30 with the hike of 15 paise against the Dollar. Indian Stock Market has also made a nice opening, but couldn't hold the leads for much longer. Currently, Sensex is trading at 25369.21 with the hike of 67.31 points and Nifty is trading at 7777.40 with the hike of 27.70 points. In Asian Market, except the Nikkei all Asian Indices are trading positively. Taiwan Weighted is running at 8344.44 with the hike of 213.18 points. The Indian Market is moving up and down with no sign of any certainty today and so the risk involved in the today's market is much higher than and normal days. Few Bse sectors like Healthcare, Capital goods, IT, Oil & Gas and TECk are trading in negative zone, while others are trading with positive points.  

High Pace on Silver & Crude Oil, but Sensex Nifty Moving Low

In the first trading session of the week, Rupee opened at 66.90 with the loss of 13 paise against the dollar. Indian Stock Market made a nice opening in morning session, but couldn't hold the hike for much longer and dropped very soon. Currently, the market indexes are moving in negative zone with minor loss. Sensex is trading at 25414.77 with the loss of 74.80 points and Nifty is trading at 7791.05 with the loss of 23.85 points. In current market, most of the Bse sectors are moving in negative zone except only few sectors which are Consumer Durables, Healthcare, IT, TECk and Bse Midcap. 

In Mcx Commodity Market, Gold, Silver, Crude Oil, Aluminium & Mentha oil are moving up with high pace while other base metals are trading low. Currently, Gold Live at 30123 with the hike of 89 points, Silver Live at 41373 with the hike of 399 points and Crude oil Live at 3129 with the lead of 32 points, while Natural Gas is trading at 139 with the loss of 2.20 points. The Ncdex Commodity Market is showing the average movements. Charjddel, Sybeanidr, Cocudakl and Sugarm up in the green zone, while Tmcfgrnzm, Dhaniya, Jeeraunjha and Barleyjpr are trading in negative zone. 

Eqity Market Weekly Wrap by Moneymaker Research

Indian equity markets registered modest gains in the week ended Friday, 13 May 2016 buoyed by the passage of key legislation viz. the Insolvency and Bankruptcy Code, 2016 by the government in the Parliament which is expected to help creditors recover bad debt faster. The market gained in three out of five trading sessions. The Nifty rose 81.45 points or 1.05% to settle at 7,814.90. 

On the macro front, the data on Thursday, 12 May 2016 showed acceleration in consumer price inflation in April 2016. Inflation based on consumer price index (CPI) surged to 5.39% in April 2016 from six months low of 4.8% recorded in March 2016. Next batch of Q4 results of India Inc., macroeconomic data, trend in global markets, investment by foreign portfolio investors (FPIs) and domestic institutional investors (DIIs), the movement o

f rupee against the dollar and crude oil price movement will dictate market trend in the near term.

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