The market breadth was balanced today(17^th February 2017).

Stock markets in India continued to trade on a positive note in the afternoon session and finished firm for fourth consecutive session. At the closing bell, the BSE Sensex stood higher by 167 points, while the NSE Nifty finished up by 44 points. Meanwhile, the S&P BSE Mid Cap and the S&P BSE Small Cap finished up by 0.5% and 0.4% respectively. Gains were largely seen in pharma stocks, oil & gas stocks and bank stocks.

NSE Nifty closed at 8821.70 levels, up by 43.70 points or 0.50%;, while BSE Sensex closed at 28468.75 levels, up by 167.48 points or 0.59%.

Asian stock markets finished lower today with shares in China leading the region. The Shanghai Composite is down 0.85% while Japan’s Nikkei 225 is off 0.58% and Hong Kong’s Hang Seng is lower by 0.31%. European markets are lower today with shares in France off the most. The CAC 40 is down 0.85% while Germany’s DAX is off 0.35% and London’s FTSE 100 is lower by 0.24%.

HDFC Bank Limited was the top performer in the morning hours on Friday. The stock opened at Rs 1445 per share, up by Rs 117.1 per share or 8.81%. It touched a high of Rs 1454 per share, up by Rs 126.10 per share or 9.49%. However, the stock managed to close at Rs 1375 per share, up by Rs 47.10 per share or 3.55%.

HDFC Bank Limited pushed the Bank Nifty up to an all-time high of 21042.35 levels, gaining 798.65 points or 3.94%.

Axis Bank bucked the trend in banking space, and closed down by 0.81%. SBI, PNB and BoB closed in negative territory, down in the range of 0.60% to 0.80%.

ICICI Bank closed up by 1.70%. IndusInd Bank closed up by 1.16%.

Nifty Pharma index was the top gainer among the sectoral indices. The index closed at 10605.95 levels, up by 198.20 points or 1.9%.

Zydus has received final approval from the USFDA for Fluconazole Tablets USP and Clobetasol Propionate Spray. The stock touched its fresh 52 week high of Rs 460.75 per share, up by Rs 31.25 per share or 7.27%.

BSE Metal index closed in red, down by 0.67%. BSE IT index closed down by 1.10%. BSE Telecom index closed down by 0.33%. BSE Auto Index closed down by 0.20%.

Broader markets closed in positive territory. BSE Mid-cap index closed at 13422.89 levels, up by 70.30 points or 0.53%. BSE Small-cap index closed at 13467.64 levels, up by 53.69 points or 0.40%.

IFB Industries Ltd., closed at Rs 640 per share, up by Rs 88.25 per share or 15.99%.

HBL Power Systems Ltd., closed at Rs 44.25 per share, up by Rs 5.05 per share or 12.88%.

Reliance Capital Ltd., closed at Rs 516.60 per share, up by Rs 27.10 per share or 5.54%.

There were 866 advances, 757 declines and 292 unchanged stocks on NSE, reflecting the strong positive sentiments floating in the market.

The rupee was trading at 67.01 per US dollar.

Top 5 Nifty Gainers: Sun Pharma (3.67%), HDFC Bank (3.55%), ICICI Bank (2.08%), GAIL (1.98%), and CIPLA (1.44%).

Top 5 Nifty Losers: Bharti Infratel Ltd (-3.68%),. Hindalco Industries Limited (-2.32%), IDEA (-1.81%), Wipro (-1.37%) and Eicher Motors Ltd. (-1.35%)

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Benchmark indices snapped two-day losing streak on Thursday, driven by healthcare, technology and auto stocks.

Stock markets in India continued to trade on a firm note in the afternoon session. At the closing bell, the BSE Sensex stood higher by 146 points, while the NSE Nifty finished up by 53 points. Meanwhile, the S&P BSE Mid Cap finished & the S&P BSE Small Cap finished up by 1.3% and 1.4% respectively. Gains were largely seen in pharma stocks and realty stocks.

NSE Nifty closed at 8778 levels, up by 53.30 points or 0.61%, while BSE Sensex closed at 28301.27 levels, up by 145.71 points or 0.52%.

Asian stock markets finished mixed and showed caution on account of weaker US$ despite a strong overnight lead from Wall Street. The Shanghai Composite gained 0.52% and the Hang Seng rose 0.47%. The Nikkei 225 lost 0.47%. European markets are lower today with shares in London off the most. The FTSE 100 is down 0.41% while France’s CAC 40 is off 0.37% and Germany’s DAX is lower by 0.21%.

Tata Group stocks traded in green on Thursday.

FMCG heavyweight player, ITC Limited closed at Rs 266.30 per share, down by Rs 6.70 per share or 2.60%. The stock contributed the most to the BSE FMCG index’s losses. Though the index was trading in red, Radico Khaitan is the top gainer in the index, closing at Rs 130 per share, up by Rs 9.70 per share or 8.06%.

Other FMCG stocks like KCP Sugar & Industries Corporation Ltd., Dalmia Bharat Sugar and Industries Ltd., Vadilal Industries Ltd., Goodricke Group Ltd., LT Foods Ltd., and Som Distilleries and Breweries Ltd., closed higher by 4%.

Broader Markets outperformed the major indices in Thursday’s trading session. BSE Mid-cap index closed at 13352.59 levels, up by 164.77 points or 1.25%. BSE Small-cap index closed at 13413.95 levels, up by 179.13 points or 1.35%.

Cadila Healthcare Ltd., closed at Rs 439.80 per share, up by Rs 81.40 per share or 22.71%.

JP Associates closed at Rs 13.75 per share, up by Rs 1.70 per share or 14.11%.

PNB Gilts Ltd., closed at Rs 57.35 per share, up by Rs 6.45 per share or 12.67%.

Bharat Forge closed at Rs 1081.15 per share, up by Rs 61.40 per share or 6.02%.

There were 1136 advances, 484 declines and 296 unchanged stocks on NSE, reflecting strong positive bias floating in the market. 37 stocks touched their fresh 52 week high; whereas 19 stocks touched their fresh 52 week low on NSE in Thursday’s trading session.

The rupee was trading at 67.07 per US dollar.

Top 5 Nifty Gainers: Sun Pharma (4.27%), Aurobindo Pharma Ltd. (4.10%), Infosys Ltd. (3.08%), Maruti Suzuki (2.87%), and Eicher Motors Ltd. (2.58%).

Top 5 Nifty Losers: ITC (-2.60%), Bharti Infratel Ltd. (-1.73%), Asian Paints (-1.15%), L&T (-1.01%) and BPCL (-0.81%)

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Share markets in India continued to trade weak in the afternoon session owing to heavy selling in realty stocks, automobile stocks and healthcare stocks.

The market broke its recent range on downside Wednesday as concerns raised over FIIs inflow after Federal Reserve chairwoman Janet Yellen hinted rate hike next month. Disappointing quarterly earnings by Tata Motors and Sun Pharma also spoiled sentiment.

NSE Nifty  closed at 8724.70 levels, down by 67.60 points or 0.77%, while BSE Sensex closed at 28155.56 levels down by 183.75 points or 0.65%.

Meanwhile potential comeback of El Nino also cast a cloud on agri output, and the markets would now look forward to the GST meet on February 18 closely, Anand James of Geojit Financial Services said.

Most Asian stock markets rose in today’s trade after U.S. markets hit new highs and Federal Reserve chair Janet Yellen said the U.S. central bank could raise interest rates as soon as next month. The Hang Seng gained 1.23% and the Nikkei 225 rose 1.03%. The Shanghai Composite lost 0.15%. European equity markets are higher today with shares in London leading the region. The FTSE 100 is up 0.49% while Germany’s DAX is up 0.44% and France’s CAC 40 is up 0.35%.

Tata Motors’ Q3FY17 consolidated results for the quarter ended on December 31, 2016 registered a miss versus street estimates. The stock reacted negatively to the results in Wednesday’s trading session. It was the top loser in the Nifty50 index, closing at Rs 436.70 per share, down by Rs 45.35 per share or 9.41%.

Zee Entertainment Enterprises Limited was the top Nifty gainer, closing at Rs 521.20 per share, up by Rs 8.25 per share or 1.61%.

Gitanjali Gems and PC Jeweller have fallen drastically, post Q3FY17 results. Gitanjali Gems has fallen by over 7%; whereas the stock of PC Jeweller has cracked over 4%. The stocks of both the companies have cracked due to poor Q3 results.

HDFC Bank Limited touched its lifetime high of Rs 1324 per share, up by Rs 12.9 per share or 0.98%.

Broader markets were also showing weakness on Wednesday. BSE Mid-cap index closed at 13187.82 levels, down by 154.77 points or 1.16%; and BSE Small-cap index closed at 13234.82 levels, down by 204.01 points or 1.52%.

Yamini Investments Company closed at Rs 47.50 per share, up by Rs 4.25 per share or 9.83%.

Future Enterprises closed at Rs 27.25 per share, up by Rs 1.65 per share or 6.45%.

Sun Pharmaceutical Industries closed at Rs 622.50 per share, down by Rs 27.65 per share or 4.25%.

There were 317 advances, 1329 declines and 265 unchanged stocks on NSE, reflecting a strong negative undertone. 29 stocks touched their fresh 52 week highs and 21 stocks touched their fresh 52 week lows on NSE in Wednesday’s trading session.

The rupee was trading at 66.89 per US dollar.

Top 5 Nifty Gainers: Zee Entertainment Ltd. (1.61%), Bharti Infratel Limited (1.33%), ITC (1.22%), TCS (0.71%), and HDFC Bank (0.69%).

Top 5 Nifty Losers: Tata Motors Ltd. (-9.86%), Sun Pharma (-4.20%), Aurobindo Pharma Ltd. (-3.55%), Bank of Baroda (-3.47%) and BHEL (-3.43%)

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.