Mar 21

Daily Market Commentary : 21st March. 2017

Equity benchmarks as well as broader markets closed moderately lower amid consolidation on Tuesday as investors remained sideways due to lack of global and domestic cues. However, D-Mart hogged the limelight, rising more than 114 percent on listing day.

NSE Nifty closed at 9121 levels, down by 5 points or 0.06%, while BSE Sensex closed at 29485 levels, down by 33 points or 0.1%.

Asian stock markets finished mixed as of the most recent closing prices. The Hang Seng gained 0.37% and the Shanghai Composite rose 0.33%. The Nikkei 225 lost 0.34%. European markets are mixed. The CAC 40 is higher by 0.25%, while London’s FTSE 100 is off 0.19%. Shares in Germany are unchanged with the DAX at 12,052.70.

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

The BSE Mid-cap Index closed down 0.4% at 13853 whereas, BSE Small-cap Index closed up 0.1% at 14027.

BSE Healthcare was the top losing index on Tuesday’s trade, Divi’s Lab was dragging the index to its lows.

Divi’s Lab closed at Rs 640 per share down by Rs 150 or 19%.

BSE Realty index wast the top gaining index on Tuesday, with Prestige and HDIL lifting the index to its highs.

HDIL closed at Rs 78.40 per share up by Rs 2 or 2.9%.

Neuland Labs closed at Rs 1255 per share, up by Rs 96 per share or 8.3%.

Purvankara closed at Rs 59 per share, up by Rs 4 per share or nearly 7.3%.

Pretige Estate Project closed at Rs 198 per share, up by Rs 13 per share or 7.1%.

Eros International Media closed at Rs 232 per share, up by Rs 15 per share or 7%.

There were 594 advances, 1037 declines and 287 unchanged stocks on NSE, reflecting bearish undertone floating in the market.

The rupee was trading at 65.29 per US dollar.

Top 5 Nifty Gainers: Grasim Industries Ltd. (2.93%), ITC Ltd. (2.00%), ONGC (1.65%), Hindalco Industries Ltd. (1.63%) and Ambuja Cement Ltd. (1.41%).

Top 5 Nifty Losers: IDEA (-4.96%), Dr. Reddy’s Laboratories Ltd. (-4.55%), Axis Bank (-2.75%), Aurobindo Pharma Ltd. (-2.10%) and Tata Motors (-1.68%)

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.

Mar 20

Daily Market Commentary : 20th March. 2017

Indian share markets continued to trade below the dotted line in the afternoon session amid mixed global cues.

NSE Nifty closed at 9126 levels, down by 33 points or 0.3%, while BSE Sensex closed at 29,518 levels, down by 130 points or 0.4%.

Asian stock markets finished mixed as of the most recent closing prices. The Hang Seng gained 0.79% and the Shanghai Composite rose 0.41%. The Nikkei 225 lost 0.35%. European markets are lower today with shares in France off the most. The CAC 40 is down 0.36% while Germany’s DAX is off 0.29% and London’s FTSE 100 is lower by 0.24%.

Aurobindo Pharma was the top Nifty gainer whereas, Idea was the top Nifty loser in Monday’s trading session.

The BSE Mid-cap Index closed up 0.1% at 13916 whereas, BSE Small-cap Index closed up 0.3% at 14054.

BSE IT index was the top losing index on Monday’s trading session, Infosys and TCS contributed majorly to the index downfall.

Infosys closed at Rs 1017 per share down by Rs 23 per share or 2.2%.

TCS closed at Rs 2478 per share down by Rs 48 per share or 1.9%.

Repro India closed at Rs 459 per share, up by Rs 76 per share or 20%.

Advanced Enzyme Technologies closed at Rs 2024 per share, up by Rs 269 per share or nearly 15%.

Smart Link closed at Rs 104 per share, up by Rs 10 per share or nearly 10%.

Bombay Dyeing closed at Rs 77 per share, up by Rs 6 per share or 9%.

There were 802 advances, 842 declines and 291 unchanged stocks on NSE, reflecting bearish undertone floating in the market.

The rupee was trading at 65.36 per US dollar.

Top 5 Nifty Gainers: Aurobindo Pharma Ltd. (2.54%), Grasim Industries Ltd. (2.16%), BHEL (1.69%), Eicher Motors Ltd. (1.46%) and Coal India Ltd. (1.04%).

Top 5 Nifty Losers: IDEA (-10.08%), Axis Bank (-2.83%), TCS (-1.97%), ICICI Bank (-1.92%) and Infosys Ltd. (-1.92%)

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.

Mar 17

Daily Market Commentary : 17th March. 2017

Share markets in India continued to trade marginally higher in the afternoon session amid mixed global indices.

NSE Nifty closed at 9160 levels, up by 6 points or 0.07%, while BSE Sensex closed at 29,648 levels, up by 63 points or 0.21%.

Asian stock markets finished mixed as of the most recent closing prices. The Hang Seng gained 0.09%, while the Shanghai Composite & the Nikkei 225 fell 0.96% and 0.35% respectively. European markets are mixed. The CAC 40 is higher by 0.20%, while the DAX is leading the FTSE 100 lower. They are down 0.15% and 0.05% respectively.

ITC was the top Nifty gainer whereas, Idea was the top Nifty loser in Friday’s trading session.

The BSE Mid-cap Index closed down 0.1% at 13893 whereas, BSE Small-cap Index closed up 0.1% at 14012.

Cigarette company shares since morning session were sizzling on bourses as the GST Council on Thursday cleared a proposal to cap the cess on tobacco and cigarettes on Thursday.

ITC rallied 7.5% hitting a high of Rs 288 per share, the stock closed at Rs 280 per share up by Rs 12 per share or 4.6%

Sugar stocks in closing hours of trade were gained ahead of the sugar output data.

Andhra Sugar was up by 8.5%, the stock closed at Rs 296 up by Rs 19 per share or 6.9%.

TRF Limited closed at Rs 288 per share, up by Rs 32 per share or 16%.

Dredging Corporation closed at Rs 676 per share, up by Rs 50 per share or nearly 8%.

United Bank closed at Rs 25 per share, up by Rs 1.8 per share or nearly 7%.

Vadilal Industries closed at Rs 841 per share, up by Rs 55 per share or 7%.

There were 691 advances, 954 declines and 275 unchanged stocks on NSE, reflecting bearish undertone floating in the market.

The rupee was trading at 65.44 per US dollar.

Top 5 Nifty Gainers: ITC Ltd. (4.40%), HCL Technologies Ltd. (1.25%), Infosys Ltd. (0.99%), Eicher Motors Ltd. (0.96%) and Tech Mahindra Ltd. (0.73%).

Top 5 Nifty Losers: IDEA (-4.56%), Bharti Airtel (-4.45%), Bank of Baroda (-2.20%), Tata Motors Ltd. (-2.00%) and SBI (-1.90%)

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.