The NSE Nifty snapped four-day winning streak on Tuesday, closing below the 8800-mark amid consolidation, dragged by Tata Motors post disappointing earnings. However, buying in oil and telecom stocks arrested losses. Investors remained cautious ahead of Federal Reserve chief Janet Yellen’s two-day congressional testimony starting later today, which may give a hint for further rate hike.

NSE Nifty closed at 8792.30 levels, down by 12.75 points, while BSE Sensex closed at 28339.31 levels, down by 12.31 points.

Asian markets finished mixed as of the most recent closing prices. The Shanghai Composite gained 0.03%, while the Nikkei 225 led the losses and was down 1.1%. the Hang Seng was marginally lower today. Meanwhile, European markets are trading flat.

Bharti Airtel was the top gainer in the Nifty50 stocks. The stocks closed at Rs 368.65 per share, up by Rs 10.60 per share or 2.96%. Tata Motors DVR stock was the top loser in the Nifty50 stocks. The stock closed at Rs 288.50 per share, down by Rs 28.45 per share or 8.98%.

GAIL was the top gainer in the Sensex stocks. The stock closed at Rs 496 per share, up by Rs 14.80 per share or 3.08%. Tata Motors Ltd., was the top loser in the Sensex stocks which closed at Rs 468.30 per share, down by Rs 37.10 per share or 7.34%.

Broader markets closed in negative territory. BSE Mid-cap index closed at 13342.59 levels, down by 75.36 points or 0.56%. BSE Small-cap index closed at 13438.83 levels, down by 84.82 points or 0.63%.

India’s wholesale inflation rose sharply in January. The inflation rose owing to costlier fuel and power.

The food items however remained cheaper. The WPI inflation was announced at 5.25% compared with 3.29% in December.

NCL Industries Limited closed at Rs 152.40 per share, up by Rs 20 per share or 15.11%.

Nitin Spinners closed at Rs 95.05 per share, up by Rs 11.40 per share or 13.63%.

SJVN closed at Rs 34.70 per share, up by Rs 1.70 per share or 5.15%.

Hindustan Petroleum Corporation closed at Rs 545.75 per share, down by Rs 32.40 per share or 5.60%.

Arcotech closed at Rs 628.55 per share, down by Rs 153.60 per share or 19.64%.

There were 535 advances, 1085 declines and 291 unchanged stocks on NSE, reflecting a negative bias floating in the market. There were 60 stocks that touched their fresh 52-week highs and 13 stocks that touched their fresh 52-week lows on NSE.

The rupee was trading at 66.92 per US dollar.

Top 5 Nifty Gainers: Bharti Airtel Ltd. (2.96%), GAIL (2.92%), IDEA (2.10%), BHEL (1.98%), and Reliance (1.77%).

Top 5 Nifty Losers: Tata Motors Ltd. (-8.98%), BPCL (-3.30%), Zee Entertainment Ltd. (-2.17%), Hero Motocorp Ltd. (-1.94%) and ACC (-1.69%)

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Share markets in India trimmed their initial losses and finished the trading day on a flat note ahead of January inflation data (CPI) later today.

Equity benchmarks closed flat with a positive bias amid consolidation Monday as investors awaited January retail inflation data due later today. Last batch of corporate earnings due this week and assembly elections of five states will also be closely watched.

NSE Nifty closed at 8805.05 levels, up by 11.50 points, while BSE Sensex at 28351.62 levels, up by 17.37 points.

Asian markets finished higher today with shares in China leading the region. The Shanghai Composite is up 0.63% while Hong Kong’s Hang Seng is up 0.58% and Japan’s Nikkei 225 is up 0.41%. European markets are higher today with shares in Germany leading the region. The DAX is up 0.62% while France’s CAC 40 is up 0.47% and London’s FTSE 100 is up 0.06%.

Eicher Motors Limited is the top gainer in Nifty50. The stock closed at Rs 24800 per share, up by Rs 786.95 per share or 3.28%.

Top gainer in Nifty Media index, Eros International Media Limited closed at Rs 207.95 per share, up by

Rs 8.10 per share or 4.05%.

SRF Limited, Bank of Baroda, Allahabad Bank, Motherson Sumi and Crompton Greaves were the top open interest gainers; while Bank of India, DCB Bank, Union Bank of India and HDIL were the top open interest losers on Monday.

Nifty PSU Bank is the top loser in the bunch of sectoral indices on NSE. The index closed at 3312.45 levels, down by 101.70 points or 2.98%. Bank of Baroda is the top loser, and closed at Rs 168.20 per share, down by Rs 19.85 per share or 10.56%.

SRF Limited closed at Rs 1582.80 per share, down by Rs 169.25 per share or 9.66%.

Bank of India closed at Rs 128.30 per share, down by Rs 5.60 per share or 4.18%.

Revathi Equipment Limited closed at Rs 835.80 per share, up by Rs 139.30 per share or 20%.

India Tourism Development Corporation Limited closed at Rs 423.40 per share, up by Rs 70.55 per share or 19.99%.

There were 553 advances, 1100 declines and 276 unchanged stocks on NSE, reflecting strong negative bias floating in the market.

The rupee was trading at 67.01 per US dollar.

Top 5 Nifty Gainers: Eicher Motors Ltd. (3.28%), Yes Bank (3.12%), Tata Power Ltd. (2.14%), Kotak Mahindra Bank (1.68%), and M&M (1.67%).

Top 5 Nifty Losers: Bank of Baroda (-10.56%), Idea (-2.99%), Aurobindo Pharma Ltd. (-2.74%), BHEL (-1.99%) and SBI (-1.76%)

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Share markets in India continued to trade near the dotted line in the afternoon session as investors remained wary ahead of key industrial production (IIP) economic data for December to be released later today.

Equity benchmarks managed to eke out modest gains amid consolidation on Friday, supported by technology stocks and positive global cues. Investors awaited December industrial output data due later today and corporate earnings.

NSE Nifty closed at 8793.8 levels up by 15.4 points, while BSE Sensex closed at 28334.25 levels, up by 4.55 points or 0.02%..

European markets were higher as investors tracked earnings and looked ahead to the meeting between President Donald Trump and Japanese Prime Minister Shinzo Abe. Asian markets closed higher, following a boost in US equities on the back of President Donald Trump saying he would soon announce a “phenomenal” tax plan.

Asian markets finished broadly higher today with shares in Japan leading the region. The Nikkei 225 is up 2.49% while China’s Shanghai Composite is up 0.42% and Hong Kong’s Hang Seng is up 0.21%. European markets are higher today with shares in London leading the region. The FTSE 100 is up 0.27% while Germany’s DAX is up 0.25% and France’s CAC 40 is up 0.17%.

Nifty IT was the top gainer among the sectoral indices on NSE. The index surged in the closing hours to close at 10372.85 levels, up by 204.95 points or 2.02.

Heavyweight player from IT, TCS closed at Rs 2382.9 per share, up by Rs 65.60 per share or 2.83%. Tech Mahindra closed at Rs 499.85 per share, up by Rs 14.85 per share or 3.06%. Infosys closed at Rs 967 per share, up by Rs 21 per share or 2.22%.

Grasim was the top gainer in the pack of Nifty 50 stocks, closing at Rs 1014.90 per share, up by 4.13%.

Arcotech Limited closed at Rs 737 per share, up by Rs 122.80 per share or 19.99%.

Aegis Logistics closed at Rs 201.95 per share, up by Rs 19.50 per share or 10.69%.

MBL Infrastructure closed at Rs 54.35 per share, up by Rs 4.90 per share or 9.91%.

Oberoi Realty closed at Rs 341 per share, up by Rs 14.75 per share or 4.52%.

There were 734 advances, 906 declines and 273 unchanged stocks on NSE, reflecting some negative bias floating in the market.

The rupee was trading at 66.87 per US dollar.

Top 5 Nifty Gainers: Grasim Ind. (4.13%), Tech Mahindra Ltd. (3.06%), TCS (2.83%), Infosys Ltd. (2.22%), and Adani Ports Ltd. (2.20%).

Top 5 Nifty Losers: Aurobindo Pharma Ltd. (-4.06%), BPCL (-1.77%), Lupin Ltd. (-1.67%), Dr. Reddy’s Lab (-1.56%) and GAIL (-1.50%)

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.