Indian share markets continued to trade range bound in the afternoon session amid mixed global indices.

Equity benchmarks closed lower for second consecutive session Tuesday, dragged by further profit booking private banking & financials, auto and FMCG stocks. Overall it was another consolidation day for the market as investors were cautious ahead of Q3 GDP data and US President’s speech.

NSE Nifty closed at 8878 levels, down by 18 points or 0.2%, while BSE Sensex closed at 28743 levels, down by 69 points or 0.2%.

Asian stock markets finished mixed as of the most recent closing prices. The Shanghai Composite gained 0.40% and the Nikkei 225 rose 0.06%. The Hang Seng lost 0.77%. European markets are lower today with shares in Germany off the most. The DAX is down 0.11% while London’s FTSE 100 is off 0.04% and France’s CAC 40 is lower by 0.01%.

BHEL was the top Nifty gainer, whereas BPCL was the top Nifty loser in Tuesday’s trading session.

Broader markets outperformed the major indices in Tuesday’s trading session. BSE Mid-cap index closed at 13552 levels, up by 18 points or 0.1%; while BSE Small-cap index closed at 13698 levels, up by 88 points or 0.6%.

Economic Affairs Secretary said on Tuesday that all states have agreed and the GST bill will be implemented by July 1. Soon after the announcement major Logistics’ stocks were buzzing on bourses. Gati was up by 8.2%, Snowman Logistics was up by 7.2%, VRL Logistics was up by 5.9% and Transport Corporation was up by 5.1%. Gati closed at Rs 129.7 per share, up by Rs 6.3 or 5.1%.

Manali Petrochemicals spiked by 12.4% in the BSE Small-cap index as government is likely to levy anti-dumping duties of upto USD 135.4 per tonne on imports of a chemical used in foam making, which comes from Thailand. The stock closed at Rs 41.4 per share, up by Rs 5.9 or 16.7%.

Transformers and Rectifiers India is having a profitable day on the bourses. The stock of the company has zoomed 8% intraday. The stock closed at Rs 399.3 per share, up by Rs 7.3 or 1.8%.

Bajaj Finserv Limited touched its record 52-week high of Rs 4005 per share, up by Rs 183.8 per share or 4.8%. The stock closed at Rs 3976 per share, up by Rs 139.4 or 3.6%.

Lincoln Pharmaceuticals from the bunch of small-cap stocks closed at Rs 244.5 per share, up by Rs 40.7 per share or 20%.

Tata Teleservices (Maharashtra) closed at Rs 8.02 per share, up by Rs 1.3 per share or 19.8%.

Adhunik Industries closed at Rs 123.9 per share, up by Rs 17.1 per share or 16.0%.

Reliance Communications closed at Rs 38.8 per share, up by Rs 2.1 per share or 5.8%.

There were 807 advances, 651 declines and 66 unchanged stocks on NSE, reflecting negative undertone floating in the market.

The rupee was trading at 66.69 per US dollar.

Top 5 Nifty Gainers: BHEL (6.09%), Bharti Airtel (3.61%), Asian Paints (2.38%), Yes Bank (2.12%) and Hindalco Industries Ltd. (1.96%).

Top 5 Nifty Losers: Grasim Industries Ltd. (-3.36%), BPCL (-2.72%), Coal India (-2.47%), Tech Mahindra Ltd. (-1.74%) and Bajaj Auto Ltd. (-1.57%)

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Share markets in India finished the day marginally lower owing to weak global cues.

Equity benchmarks snapped six-day winning streak on Monday, with the Nifty closing below 8900 level on account of profit booking in banks, telecom and auto stocks. However, the consistent rally in index heavyweight Reliance Industries capped losses.

NSE Nifty closed at 8896.70 levels, down by 42.80 points or 0.48%, while BSE Sensex closed at 28812.88 levels, down by 80.09 points or 0.28%.

Asian equity markets finished lower today with shares in Japan leading the losses. The Nikkei 225 was down 0.91% while China’s Shanghai Composite is off 0.76% and Hong Kong’s Hang Seng is lower by 0.17%. European stock markets are higher today with shares in London leading the region. The FTSE 100 is up 0.22%, the CAC 40 is flat, and and Germany’s DAX is up 0.12%.

Axis Bank Limited closed at Rs 509 per share, down by Rs 18.65 per share or 3.53%. ICICI Bank and Axis Bank were the biggest contributors to the Sensex losses.

Reliance Industries Limited was the top Nifty gainer, whereas Idea Cellular Limited was the top Nifty loser in Thursday’s trading session.

Reliance Industries Limited extended its gains, touching fresh 52-week high of Rs 1256.80 per share, up by Rs 74.05 per share or 6.26%.

ONGC may acquire HPCL in Rs 44000 cr deal. HPCL’s current market capitalisation is Rs 57000 cr. ONGC may buy Govt’s entire 51.1% stake in HPCL.

BSE Mid-cap index closed at 13533.78 levels, up by 1.67 points or 0.01%; while BSE Small-cap index closed at 13609.88 levels, up by 22.10 points or 0.16%.

Lumax Industries Limited closed at Rs 1362 per share, up by Rs 139.15 per share or 11.38%.

Vijaya Bank closed at Rs 73.20 per share, up by Rs 7.25 per share or 10.99%.

Wockhardt Limited closed at Rs 756.80 per share, up by Rs 51.25 per share or 7.26%.

Jindal Steel & Power Limited closed at Rs 124.40 per share, up by Rs 7.65 per share or 6.55%.

There were 701 advances, 951 declines and 272 unchanged stocks on NSE, reflecting negative undertone floating in the market.

The rupee was trading at 66.70 per US dollar.

Top 5 Nifty Gainers: Reliance Industries Ltd. (4.63%), Aurobindo Pharma Ltd. (2.03%), Wipro (1.00%), Coal India (0.73%) and Lupin Ltd. (0.69%).

Top 5 Nifty Losers: Idea (-4.72%), Axis Bank (-3.61%), Power Grid Ltd. (-3.46%), Bharti Infratel Ltd. (-3.07%) and Zee Entertainment Ltd. (-2.67%)

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Stock markets in India witnessed selling pressure in final hour of trade to finish flat amid mixed global markets. Benchmark indices closed higher for sixth consecutive session Thursday but were off day’s high due to selling pressure in banks and Reliance Industries.

NSE Nifty closed at 8939.50 levels, up by 12.60 points or 0.14%, while BSE Sensex closed at 28892.97 levels, up by 28.26 points or 0.10%.

Asian stock markets finished lower today with shares in Hong Kong leading the region. The Hang Seng was down 0.36% while China’s Shanghai Composite was off 0.31%, and Japan’s Nikkei 225 was lower by 0.04%. European markets are mixed today. The CAC 40 is up 0.19% while the DAX 30 and the FTSE 100 are trading flat.

Idea was the top Nifty gainer whereas Grasim was the top Nifty loser in Thursday’s trading session.

Idea and Bharti Airtel contributed the most to the BSE Telecom index’s gains. BSE Telecom index closed at 1306.93 levels, up by 23.35 points or 1.82%.

Idea closed at Rs 119.80 per share, up by Rs 7.20 per share or 6.39%. Bharti Airtel closed at Rs 366.40 per share, up by Rs 5.40 per share or 1.5%. Airtel touched its fresh 52-week high of Rs 401 per share, up by Rs 40 per share or 11.1%.

Bharti Airtel entered into a definitive agreement to acquire Telenor India. The proposed acquisition will include transfer of all Telenor India’s assets and customers, further augmenting Airtel’s overall customer base and network. It will also enable Airtel to further bolster its strong spectrum foot-print in these seven circles, with the addition of 43.4 MHz spectrum in the 1800 MHz band.

As a part of the agreement, Airtel will acquire Telenor India’s running operation in seven circles- Andhra Pradesh, Bihar, Maharashtra, Gujarat, UP East and West and Assam. These circles represent a high population concentration and therefore offer high potential for growth.

IT giants, TCS and Infosys lifted the BSE Information Technology index on Thursday. BSE IT index closed at 10378.56 levels, up by 173.89 points or 1.7%.

TCS closed at Rs 2481.80 per share, up by Rs 70.3 per share or 2.91%. Infosys closed at Rs 1008.85 per share, up by Rs 18.8 per share or 1.88%.

Reliance Industries Limited touched its fresh 52-week high of Rs 1222 per share, up by Rs 14.50 per share or 1.20% in the morning hours on Thursday, but slipped in further trade, witnessing profit booking. The stock closed in red at Rs 1186.80 per share, down by Rs 20.70 per share or 1.71%.

Adlabs Entertainment closed at Rs 88.25 per share, up by Rs 8.8 per share or 11.08%.

Capital Trade Links closed at Rs 32.90 per share, up by Rs 2.70 per share or 8.94%.

Indiabulls Ventures Limited closed at Rs 39.90 per share, up by Rs 3.05 per share or 8.28%.

Jindal Steel and Power Limited closed at Rs 116.75 per share, up by Rs 6.45 per share or 5.85%.

There were 699 advances, 941 declines and 273 unchanged stocks on NSE, reflecting negative undertone floating in the market.

The rupee was trading at 66.83 per US dollar.

Top 5 Nifty Gainers: Idea (6.39%), TCS (2.80%), Wipro (2.42%), Kotak Bank (1.72%) and Infosys Ltd. (1.66%).

Top 5 Nifty Losers: Grasim Industries Ltd. (-2.24%), Reliance Industries Ltd. (-1.71%), Aurobindo Pharma Ltd. (-1.58%), Bharti Infratel Ltd. (-1.26%) and Eicher Motors Ltd. (-1.25%)

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: +91-9891224488.