The Indian stock market ended with handsome gains ahead of expiry of June F&O series on Thursday. Indices extended its winning streak to third consecutive trading session amid positive global cues and firm rupee. Benchmarks opened with a gap up and then gradually surged higher led by gains in the realty, auto, power, consumer durables, oil & gas, banking, basic material and industrial stocks. Even, mid-cap and small cap stocks participated in the rally. Only FMCG index closed in red. Nifty closed with again of 76 points at 8,204, while BSE Sensex ended with a gain of 215 points at 26,740.

On the global front, Asian markets closed in green. The Shanghai Composite index closed marginally higher. Hong Kong’s Hang Seng index and Nikkei 225 climbed over 1% respectively.

DLF soared 7.8% to Rs.144. Billionaire KP Singh and his family is planning to infuse Rs. 10,000 crore into DLF by purchasing shares in a preferential issue with funds raised from the sale of their stake in the company’s rental unit, according to reports.

ITC slipped 0.58% to Rs.366 on BSE. The company will invest Rs.4,000 crore over the next 2-3 years to set up 8-9 factories across the country for manufacturing of food products.

Suven Life Sciences gained 1.3% after the company said in a notice to BSE that it secured three product patents in Europe and Eurasia.

Sobha climbed 3.2% to Rs.319 The real estate company will launch its first luxury apartment project, Sobha City in Delhi-NCR. This project will be one of the largest group housing projects in Gurgaon and it will offer best-in-class living experience to the customers, as per media reports.

Bosch jumped 5.3% to Rs.22,656 on BSE. The board of director will consider on July 1 launching a buyback offer for its equity shares. A meeting of the board of directors of the company will be held on July 1, to consider a proposal for buyback of the company’s equity shares.

Hester Biosciences dropped 2% to Rs.751 on BSE. The board of Hester Biosciences to consider a proposal to raise funds through a qualified institutional placement (QIP) issue.

Though, Vivek Kaul is of the opinion that the implementation of the Seventh Pay Commission won’t have a significant impact on the inflation levels. He has justified the same by making solid points in one of his many articles on the Seventh Pay Commission.

USDINR trade today trading up 29 paise at 67.66 per US dollar.

Out of 1,445 stocks traded on the NSE, 331 declined and 1,060 advanced today.

Top 5 Nifty Gainers: Tata Motors (3.06%), BHEL (2.99%), ICICI Bank (2.33%), Hero Motocorp (2.27%) and Dr Reddys Lab (2.13%).

Top 5 Nifty Losers: Infosys Ltd (-0.14%)

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The Indian stock market showed signs of resilience for second consecutive trading session on Tuesday as benchmarks surged higher. Nifty surpassed the 8100 mark while the BSE Sensex ended above the 26, 500 mark. Sentiment got a fillip as European indices too staged a strong recovery ahead of the commencement of a two-day European Council meet. Nifty closed with a gain of 33 points at 8,128, while BSE Sensex ended with a gain of 122 points at 26,524.55.

On the global front, Asian markets closed in green. The Shanghai Composite index and Nikkei 225 closed marginally higher. Hong Kong’s Hang Seng index slipped 0.27%.

Tata Communications climbed 2.4% to Rs.461. Liquid Telecom, a privately owned, pan-African telecoms group, majority owned by Econet Wireless Global, announces that it has entered into an agreement to acquire South African communications network operator Neotel.

Aditya Birla Nuvo rallied 3.7% to Rs.1166 on BSE. The company entered into a joint venture with MMI Holdings, a South African financial services group, to enter the Indian health insurance market. As per the agreements, Aditya Birla Nuvo will hold 51% share in the joint venture company named Aditya Birla Health Insurance Co Ltd (ABHICL).

Gujarat Gas rose 6.5% to Rs.556, as the company was granted permission to develop city gas distribution network (CGD) in Ahmedabad district.

A2Z Infra Engineering jumped 15.2% to Rs.41.80 after the company has informed BSE that a contract has been awarded from Ministry of Energy and Mineral Development vide the Notification of Award/letter of award dated June 23, 2016 for Design, Supply and Construction of MV lines and associated low voltage network in various project areas along Kawanda Masaka 220KV Transmission Line Ref. No. MEMD/ESDP/WRKS/15-16/00010 for contract price of aggregating to USD 3.84 million.

Panacea Biotec hit 10% upper circuit at Rs.127.25. The company has launched indigenously developed high quality anti diabetic drug, TENEPAN for treatment of Type 2 diabetes Mellitus (T2DM).

Trent Ltd zoomed 5.4% to Rs.1,768 on BSE. The board of directors of the company has approved the sub-division of equity shares of the company having a face value of Rs.10 per share into equity shares having a face value of Rs. 1 each. Further, the Board also approved an enabling resolution for raising of funds by issue of Non- Convertible Debentures on a private placement basis upto an amount not exceeding Rs.300 crores.

Siemens jumped 2.8% to Rs.1,290 after the engineering firm announced that it has secured order worth Rs.570 crore from Power Grid.

USDINR trade today trading up seven paise at 67.87 per US dollar.

Out of 1,452 stocks traded on the NSE, 475 declined and 922 advanced today.

Top 5 Nifty Gainers: Hero Motocorp (1.90%), NTPC (1.72%), BHEL (1.72%), Asian Paints (1.48%) and Tata Motors (1.44%).

Top 5 Nifty Losers: ITC Ltd (-0.77%), GAIL Axis Bank (-0.53%), Hind. Unilever (-0.51%), Coal India (-0.21%) and HDFC Bank (-0.09%)

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The Indian equity market ended with sharp cuts on Friday(24^th June) after Britain voted to leave the European Union fueling a wave of global uncertainty. Indices opened with a huge gap down with the NSE Nifty breaching past the 7950 mark while BSE Sensex tumbled over 1000 points. However, benchmarks began staging a smart come back in the second half. The pound collapsed to a 31-year low and there was pandemonium in the currency markets as well crude oil too slipped sharply. Nifty closed with a loss of 182 points at 8,089, while BSE Sensex ended with a loss of 605 points at 26,398.

On the global front, Asian markets ended in red. In China, the Shanghai Composite index ended 1.34%. Hong Kong’s Hang Seng index closed 3% lower, while Nikkei 225 cracked 8.6%.

European stocks faced the heat following after Britain voted to leave the European Union in a landmark referendum. The FTSE 100 was trading down 5%. DAX and the CAC 40 are down over 7.5% respectively.

Omax Autos climbed 3.4% to Rs.66.50 on BSE. The company has announced that Railway Division of the Company has successfully secured order for supply of Railway parts from Indian Railways for order value estimated between Rs. 90-100 crores. Formal Purchase Order would be received by the company in due course of time.

Gujarat Industries Power Company dropped 1.2% to Rs.86.50 on BSE. The company has informed BSE that GIPCL has emerged as successful Bidder in the e-Reverse auction held on June 23, 2016 for selection of Bidder for another 40 MW Solar Power Project in Gujarat Solar Park, Village Charanka, Dist. Patan, Gujarat under NSM Phase-ll, Batch IV.

Tata Motors plunged 8% to Rs.449 on Brexit jitters.

Bank of India slipped 1.6% to Rs.94.90. The bank has announced that the Bank has raised Rs.1000 crore by issue of Basel-Ill Compliant Additional Tier I Bonds (Series-ll).

Glenmark Pharmaceuticals dropped 2% to Rs.759.10 on BSE. The company has been granted tentative approval by the US Food & Drug Administration (U.S. FDA) for Olmesartan Medoxomil Tablets, 5 mg, 20 mg and 40 mg, the generic version of Benicar Tablets of Daiichi Sankyo, Inc.

Sun Pharmaceuticals Industries Ltd closed marginally higher 0.27% to Rs.754. The company on Thursday said it will buy back 7.5 million shares from the public at a price of Rs.900 each. The buyback price, announced after market hours on Thursday(23rd June), is almost 20% above the company’s last traded price of Rs.751.70 on the BSE.

USDINR trade today trading down 69 paise at 67.94 per US dollar.

Out of 1,429 stocks traded on the NSE, 1,110 declined and 278 advanced today

Top 5 Nifty Gainers: Dr. Reddys Lab (1.96%), SBI (1.40%), Hind. Unilever (1.09%), BHEL (0.97%) and L&T (0.89%).

Top 5 Nifty Losers: TCS (-2.22%), Infosys Ltd Axis Bank (-1.48%), Maruti Suzuki (-1.45%), Wipro (-0.94%) and Tata Steel (-0.93%)

To qualify NCFM Capital Market Dealers Module certification examination, register with Intelivisto.com and buy Capital Market comprehensive question bank which features mock test, chapter-wise and full length test as per NCFM standards. It also includes performance analysis tools to analyze the performance. For more information call on: +91-9582000102.