Thursday 1 January 2015

Mild Weakness In The Market, Nifty Below 8270 - Ways2Capital

Posted by Ways2Capital on Thursday, January 01, 2015 with No comments

In the market decline was less than in the morning, but the market is still doing business with the downturn. The first day of the year market is calm and mid-cap stocks appears bullish with 0.55 percent. Smallcap stocks are trading with a gain of 0.9 percent.

The BSE 30-share index Sensex 36.59 points with a loss of 0.13 percent is trading at 27462. The NSE Nifty index of the 50 leading shares fell 12.80 points, i.e 0.15 percent trading on 8269's level.

In the markets Oil gas, banks and FMCG sector is falling slightly. Metal stocks most gained with 0.6 percent and capital goods shares also 0.5 percent up. Consumer durables and auto stocks surge being seen.

In the gaint shares Sesa Sterlite has gained 1.5 percent and NMDC has gained 1.10 percent. Tata Steel and Cipla being 0.85 percent up and IDFC, BHEL, Jindal Steel 0.72 percent are trading with gain.

The market's lossers like HDFC fallen more than 1 percent and Cairn India has slipped nearly 1 percent. Coal India and Dr Reddy's is weak 0.8 percent. Zee Entertainment and NTPC is trading with the slowness of 0.76 percent.

In the midcap stocks Cleriant, DB Realty, ISGEC Heavy Engineering, Rajesh Exports and Muthoot Finance remain with strength of 11.15 to 6.19 percent and Tilak Finance, PMC Fincorp, EIH, Gujarat Pipavav and Vaibhav Global decline from 14.3 to 2.3 percent are seen.

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