Monthly Archives: March 2017

Mar 15

Daily Market Commentary : 15th March. 2017

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Share markets in India finished flat as the sentiment turned tepid ahead of the outcome of the US Federal Reserve’s meeting later in the day.

NSE Nifty closed at 9084 levels, down by 2 points or 0.02%, while BSE Sensex closed at 29398 levels, down by 44 points or 0.15%.

Asian stock markets finished mixed as of the most recent closing prices. The Shanghai Composite gained 0.08%, while the Nikkei 225 & the Hang Seng fell 0.16% and 0.15% respectively. European markets are higher today with shares in London leading the region. The FTSE 100 is up 0.30% while Germany’s DAX is up 0.13% and France’s CAC 40 is up 0.10%.

Idea was the top Nifty gainer whereas, TCS was the top Nifty loser in Wednesday’s trading session.

The BSE Mid-cap Index closed up 1% at 13700 whereas, BSE Small-cap Index closed up 0.6% at 13858.

IT stocks underperformed broader markets and was the top losing index on the BSE on Wednesday.

Infosys contributed nearly 50% to the BSE IT index downfall dragging the index to its lows. The stock closed at Rs 1011 per share up by Rs 23 per share or 2.2%.

Among the Telecom stocks Idea was the top buzzing stock in morning trade and was up by nearly 10%. The stock closed at Rs 113 per share up by Rs 10 per share or 9.9%.

Tyre stock, MRF was gaining ground in lunch hours closing at Rs 57100 per share up by Rs 4 per share or 7.7%.

Godfrey Phillips closed at Rs 1266 per share, up by Rs 189 per share or 17%.

GTL Infra closed at Rs 6 per share, up by Rs 0.7 per share or nearly 13%.

Kirloskar Electric Company closed at Rs 41 per share, up by Rs 4 per share or nearly 13%.

Kolte Patil Developers closed at Rs 137 per share, up by Rs 16 per share or 13%.

There were 846 advances, 783 declines and 294 unchanged stocks on NSE, reflecting bearish undertone floating in the market.

The rupee was trading at 65.68 per US dollar.

Top 5 Nifty Gainers: IDEA (9.90%), BHEL (3.32%), Bank of Baroda (3.26%), Aurobindo Pharma Ltd. (2.20%) and Tata Power (1.85%).

Top 5 Nifty Losers: TCS (-2.67%), Infosys Ltd. (-2.28%), HCL Technologies Ltd. (-1.46%), Wipro (-1.31%) and Hindustan Unilever Ltd. (-1.20%)

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Mar 10

Daily Market Commentary : 10th March. 2017

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Dull End to the Week; IT Stocks lead. The market closed flat ahead of the key results to assembly elections. Investors had reacted positively to the exit polls in the morning session, but trimmed their gains through the day.

NSE Nifty closed at 8934 levels, up by 7 points or 0.08%, while BSE Sensex closed at 28946 levels, up by 17 points or 0.06%.

Asian stock markets finished mixed as of the most recent closing prices. The Nikkei 225 gained 1.48% and the Hang Seng rose 0.29%. The Shanghai Composite lost 0.12%. European markets are higher today with shares in France leading the region. The CAC 40 is up 0.49% while Germany’s DAX is up 0.48% and London’s FTSE 100 is up 0.39%.

Bosch Limited was the top Nifty gainer whereas, Tech Mahindra was the top Nifty loser in Friday’s trading session.

The BSE Mid-cap Index closed down 0.3% at 13353 whereas, BSE Small-cap Index closed down 0.2% at 13588.

IT stocks were rallying on bourses, Infosys alone contributing almost 80% to the BSE IT index gains. Infosys closed at Rs 1021 per share up by Rs 9 per share or 0.9%

Alembic Pharma rallied on bourses and gained over 6% on Friday. The stock clos trading at Rs 623 per share up by Rs 21 or 3.6%.

Career Point during Friday’s trade gained over 6% and the stock closed trading at Rs 111 per share up by Rs 0.1 per share or 0.1%.

T D Power Systems closed at Rs 171 per share, up by Rs11 per share or 7%.

Brigade closed at Rs 210 per share, up by Rs 11 per share or nearly 5%.

PVR closed at Rs 1424 per share, up by Rs 76 per share or nearly 5%.

Lycos Internet closed at Rs 9 per share, up by Rs 0.4 per share or 5%.

There were 614 advances, 998 declines and 311 unchanged stocks on NSE, reflecting bearish undertone floating in the market.

The rupee was trading at 66.60 per US dollar.

Top 5 Nifty Gainers: Bosch Ltd. (3.32%), Bharti Airtel (1.30%), Bharti Infratel Ltd. (1.26%), Yes Bank (1.13%) and L&T (1.09%).

Top 5 Nifty Losers: Tech Mahindra Ltd. (-2.55%), BPCL (-1.54%), Grasim Industries Ltd. (-1.34%), ICICI Bank (-1.10%) and NTPC (-1.01%)

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Mar 09

Daily Market Commentary : 9th March. 2017

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Share markets in India remained subdued in the afternoon session and finished flat as caution prevailed ahead of UP state elections. Equity benchmarks as well as broader markets closed rangebound session on a flat note Thursday as investors maintained cautious stance ahead of exit poll results for assembly elections later today and Federal Reserve policy meeting next week.

NSE Nifty closed at 8927 levels, up by 3 points or 0.01%, while BSE Sensex closed at 28929 levels, up by 27 points or 0.1%.

Asian stock markets finished mixed as of the most recent closing prices. The Nikkei 225 gained 0.34%, while the Hang Seng led the Shanghai Composite lower. They fell 1.18% and 0.74% respectively. European markets are lower today with shares in London off the most. The FTSE 100 is down 0.41% while Germany’s DAX is off 0.11% and France’s CAC 40 is lower by 0.06%.

Maruti Suzuki was the top Nifty gainer whereas, Dr Reddy’s Lab was the top Nifty loser in Friday’s trading session.

The BSE Mid-cap Index closed down 0.3% at 13384 whereas, BSE Small-cap Index closed down 0.1% at 13609.

India Home Loan was down by 5.5% on Thursday and closed at Rs 97.4 per share down by Rs 5.7 per share or 5.6%.

Aviation stocks were buzzing on bourses in morning session, Spice Jet was up by over 6% and closed at Rs 81.20 per share up by 3.80 or nearly 5%.

Ramky Infrastructure closed at Rs 82 per share, up by Rs 8 per share or 11%.

CTL closed at Rs 34 per share, up by Rs 2 per share or 7%.

Jubiland Industries closed at Rs 332 per share, up by Rs 25 per share or nearly 8%.

Kridhan Infra closed at Rs 54 per share, up by Rs 3 per share or 7%.

There were 631 advances, 973 declines and 231 unchanged stocks on NSE, reflecting bearish undertone floating in the market.

The rupee was trading at 66.70 per US dollar.

Top 5 Nifty Gainers: maruti Suzuki (1.62%), SBI (1.20%), Axis Bank (1.18%), Ambuja Cement Ltd. (1.04%) and Tata Motors (1.04%).

Top 5 Nifty Losers: Dr. Reddy’s Laboratories Ltd. (-5.08%), GAIL (-2.45%), IDEA (-2.21%), Wipro (-2.16%) and Adani Ports and Sez Ltd. (-2.04%)

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.