Wednesday, 4 November 2015

Nifty Ends Below 8,050-Mark

Posted by suhani varma on Wednesday, November 04, 2015 with No comments

The BSE Sensex opened at 26,704, touched an intra-day high of 26,800 and low of 26,529. It finally ended with a loss of 38 points at 26,553. The NSE Nifty opened at 8,105 hitting a high of 8,116 and low of 8,040, before signing off with a loss of 21 points or 0.25% at 8,040.

The India VIX (Volatility) index was down 0.40% to 19.47. On the global front, China's Shanghai Composite index and Hang Seng closed up 2% and 2.6%, respectively.

In Europe, the FTSE 100 was rallied 1%. On the other hand, DAX and the CAC 40 was down marginally. Out of 1,748 stocks traded on the NSE,841 declined and 650 advanced today.

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Sensex Rallies Over 150 Points

Posted by suhani varma on Wednesday, November 04, 2015 with No comments

The S&P BSE Sensex is trading at 26,591 up 150 points, while NSE Nifty is trading at 8,096 up 35 points. The BSE Mid-cap Index is trading up 0.57% at 11,076, whereas BSE Small-cap Index is trading up 0.44% at 11,386.

All sectors are in green on BSE. Tata Motors, Rajesh Exports, Reliance Power, Amtek Auto, Polaris Consulting Services and MRPL are among the gainers, whereas GAIL, ICICI Bank, Cipla, Maruti Suzuki, TCS and Lupin are losing sheen on BSE.

Indian Rupee today opened higher by 16 paise at 65.56/$ in early trade on Wednesday. Indian rupee remained under pressure, with values gradually approaching towards 66 levels against the greenback. Growing perception of US Federal Reserve hiking interest rates in December is taking a toll on the emerging market currencies. On the global front, Global markets are upbeat following a surge in oil prices which pushed energy stocks higher. Tech stocks too flourished on Wall Street pushing the Nasdaq higher to end at a record high.

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Tuesday, 3 November 2015

Sensex, Nifty To Open On A Positive Note

Posted by suhani varma on Tuesday, November 03, 2015 with No comments

The negativity of the last six trading sessions may be arrested as global markets seem to have regained some health. A jump in the health-care sector on account of soaring bio-tech stocks boosted US markets. Energy shares too saw gains after oil prices firmed up on Monday. Back home, the beleaguered banking sector received a shot in the arm after outlook was upgraded to stable from negative by Moody's Investors Service citing gradual improvement in operating environment for Indian banks. On the macro front, Infrastructure output grew at its fastest pace in four months to 3.2% yoy in September on account of higher production of electricity and fertilizers. Manufacturing sector growth fell to a 22-month low in October due to a slower increase in new orders, but firms hired additional workers, according to Nikkei survey.

The outlook is a positive start. Indices could swing later in the day. Global markets are providing the much needed push to help indices spurt at start. Sectors which were at the receiving end on Monday may see some buying today. These include capital goods, metals, healthcare and power stocks. The Dow is up for the year after it added close to a percent on Monday. S&P 500 gained 1.19% and managed a close above 2100. Nasdaq was among the biggest gainers adding 1.45%. Asian markets too are trading well in the green.

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Nifty Hovers Around 8,050 Level

Posted by suhani varma on Tuesday, November 03, 2015 with No comments

The S&P BSE Sensex is trading at 26,617 up 58 points, while NSE Nifty is trading at 8,068 up 18 points. The BSE Mid-cap Index is trading up 0.26% at 11,012, whereas BSE Small-cap Index is trading up 0.46% at 11,344.

Some buying activity is seen in IT, pharma, metal, banking and auto sectors, while capital goods,consumer durables and fmcg sectors are showing weakness on BSE. The India VIX (Volatility) index is up 2.02% to 19.87. Vedanta, Hindalco, Tata Steel, NTPC, Sun Pharma, SBI, M&M, BHEL and Axis Bank are among the gainers, whereas Lupin and GAIL are losing sheen on BSE. A total of 27 stocks registered a fresh 52-week high in trades today, while 15 stocks touched a new 52-week low on the NSE. Out of 1,747 stocks traded on the NSE, 534 declined and 912 advanced today.

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Monday, 2 November 2015

Nifty Slips Below 8,050- Mark

Posted by suhani varma on Monday, November 02, 2015 with No comments

The S&P BSE Sensex is trading at 26,430 down 226 points, while NSE Nifty is trading at 8,014 down 52 points. The BSE Mid-cap Index is trading down 0.38% at 10,933, whereas BSE Small-cap Index is trading down 0.52% at 11,257.

M&M, Tata Motors, ICICI Bank,Maruti Suzuki, Coal India, Axis Bank and Vedanta are among the gainers, whereas Sun  Pharma, L&T, Bajaj-Auto, ITC, Hero MotoCorp and Bharti Airtel are losing sheen on BSE.

Indian Rupee today opened at 65.38/$ in early trade on Monday. On the global front, the US markets had ended weak and Asian markets are showing a mixed trend with a  negative bias. China PMI fell for the eighth month in a row though it was less severe than September.The preliminary Caixin China manufacturing PMI stood at 48.3 in October, which was better than expectations.Growing perception of US Federal Reserve hiking interest rates in December has changed the complexion of the game. Fed at its policy meeting indicated a possibility of a rate hike in December.

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Sensex Falls Over 250 Points

Posted by suhani varma on Monday, November 02, 2015 with No comments

The S&P BSE Sensex is trading at 26,394 down 263 points, while NSE Nifty is trading at 7,999 down 66 points. The BSE Mid-cap Index is trading down 0.57% at 10,912, whereas BSE Small-cap Index is trading down 0.79% at 11,226.

M&M, Tata Motors, ICICI Bank,Maruti Suzuki, Coal India, Axis Bank and Vedanta are among the gainers, whereas Sun Pharma, L&T, Bajaj-Auto, ITC, Hero MotoCorp and Bharti Airtel are losing sheen on BSE.

Indian Rupee today opened at 65.38/$ in early trade on Monday. On the global front, the US markets had ended weak and Asian markets are showing a mixed trend with a negative bias. China PMI fell for the eighth month in a row though it was less severe than September.The preliminary Caixin China manufacturing PMI stood at 48.3 in October, which was better than expectations.Growing perception of US Federal Reserve hiking interest rates in December has changed the complexion of the game. Fed at its policy meeting indicated a possibility of a rate hike in December.

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