Wednesday 12 April 2017

Markets end lower, Nifty closed at 9,203 levels; Tata Steel top Nifty loser

Stock Market Update, Today's Equity news, Equity market advice
In Wednesday’s choppy trading session, the NSE Nifty closed 9203 or 0.33%, whereas BSE Sensex closed at 29, 643 levels down by 144 points or 0.49%. There were 1095 advances, 1778 declines and 149 unchanged stocks on NSE reflecting fairly negative bias floating in the market.
Tata Steel Ltd was the top Nifty loser, lower by 2.2% at 477.5 per share, while Bosch Ltd was the top Nifty gainer higher by 3.7% higher at Rs. 23,600 per share.
BSE Mid-cap index closed lower by 0.22% at 14,346 level, whereas BSE Small-cap index closed lower by 0.49% at 14,852 level.
The ITC Limited was touching its intraday high of Rs 285 per share in the afternoon hours today, but later slipped further to close at Rs 281.8 per share down by 0.12%.

 

Tuesday 11 April 2017

Sensex rises 213 points, Nifty ends above 9200 ahead of IIP data release

BSE Sensex, Equity Market Update, Today's news update, Money Maker ResearchBSE Sensex rose on Tuesday closing after three successive sessions of falling as recent decliners such as IT stocks regained, but overall sentiment was cautious ahead of the beginning of the earnings season.
The BSE Sensex ended at 29,788, up 213 points, whereas the broader Nifty-50 index closed at 9,237, up 55 points.  The BSE Mid-cap and BSE Small-cap indices gained 0.4% and 1%, respectively. The overall health of the market was positive with  1,719 advancing shares and 1,154 declining shares on BSE. A total of 148 shares were unchanged.
BHEL stock went up 1.2%, Havells India up 1.99%, ABB India rose 3.05%, Bharat Electronics gained  2.32%, L&T up 1.75%), and Siemens gained 0.48%.  Infosys Ltd rose 1.55% It will release its quarter-fourth results on Thursday, 13 April 2017.
Aisa - Europe  stocks declined as tensions prevailing in the Middle East and political vagueness in Europe kept investors on edge, underling safe assets like the yen, gold and treasuries.


Monday 10 April 2017

Sensex ends 131 pts lower, Nifty below 9200

BSE, NSE, Stock Marlet closing Update
The benchmark indices settled the trading Monday on a negative note  with the BSE Sensex was going down 130.87 points at 29,575.74, while the NSE Nifty down 16.85 points at 9,181.45. About 1,764 shares rose against a fall of 1,163 shares, while 128 shares were unchanged. The BSE Mid-Cap index declined 0.08 per cent, while the BSE Small-Cap index advanced 0.63 per cent, outperforming the Sensex.
The IT stocks suffered losses on the Exchanges. Both the Sensex and Nifty hit more than seven days  low in intraday trade. Indices dipped for the third consecutive day today, 10 April 2017.
Tata Motors, Axis Bank, BPCL and IOC were top gainers, while Wipr, Infosys and Indiabulls were top losers.
IT stocks dropped in sluggish market. TCS went down 0.7%, Tech Mahindra Ltd down 0.5%, Wipro down 2.1% and HCL Technologies declined 1.89%.
Liquor stocks were lagging behind after the Madhya Pradesh Chief Minister Shivraj Singh Chouhan  had said that liquor stocks will be closed across states in a phased manner.

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