Tuesday 14 February 2017

 
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The BSE Sensex opened higher by 34.5 points at 28386.12, while the Nifty50 opened higher by 0.75 points at the 8805.80 mark. The rupee opened at 66.97 per dollar higher by 5 paise. There are 784 advances, 577 declines and 441 unchanged stocks on NSE in the morning hours on Tuesday.

Sun Pharma, Adani Ports, Jindal Steel and Power, Adani Enterprises, SpiceJet, MOIL will report their results today. Sun Pharma is trading at Rs 656.70 per share up by 0.31%. Adani Ports is trading flat at Rs 309.55 per share. Adani Enterprises is trading at Rs 90.90 per share down by 0.87%.

Hindalco is the top gainer in Nifty 50 index trading at Rs 187.15 per share up by 1.16%. FMCG heavyweight, ITC Limited is the top gainer in Sensex trading at Rs 272.70 per share up by 0.81%.

The levels of 8820-8830 has proved to be a key hurdle for Nifty50 index. A decisive move above this may open gates for levels of 8890-8950. On the downside, the zone of 8710-8720 is the strong support level for Nifty50 Index.

The European markets closed in green on Monday. FTSE 100 closed higher by 20.17 points; CAC 40 closed higher by 59.87 points; German DAX closed higher by 107.46 points.

The American NASDAQ closed higher by 29.83 points or 0.52%. 

The Asian markets are trading with mixed feelings. Nikkei 225 is trading down by 31.33 points. Shanghai Composite index is trading lower by 6.11 points; SGX Nifty is trading higher by 18.50 points.
 

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