LIVE MARKET UPDATE

Thursday, 25 February 2016

Nifty ends Feb series below 7000, Sensex weak on Rail Budget Day



Infosys, L&T, Tata Motors, ICICI Bank, SBI, Axis Bank and Maruti Suzuki were top negative contributors' to Sensex, down 1-3 percent while HDFC, Sun Pharma, ONGC and Coal India gained 2 percent. 
Dragged by a disappointing Rail Budget and February Future & Option series expiry, market sentiment remained low. The Nifty ended down 48.10 points or 0.7 percent at 6970.60 and the Sensex was down 112.93 points or 0.5 percent at 22976.00. About 888 shares advanced, 1561 shares declined, and 169 shares were unchanged. 

ONGC, Sun Pharma, HDFC, Coal India and Hindalco were top gainers while SBI, GAIL, Tata Motors, ICICI Bank and L&T were losers.

IVRCL rallies 6%; to convert loans into 51% equity holding

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The company has decided to convert part of their loans to the highways developer into a 51 percent or more equity holding.

IVRCL Ltd rallied 6% to Rs.7.45 after the company has informed BSE that State Bank of India, Monitoring Institution acting on behalf of the lenders has informed the Company that JLF at the meeting held on February 23, 2016 have approved the SDR conversion package and that the Lenders will convert part of the debt of the Company into equity, in one or more tranches, at the price of Rs. 8.765/- per equity share of face value of Rs. 2/- each, enabling the lenders to collectively hold 51% or more of the total share capital of the Company, pursuant to provisions of SEBI (Issue of Capital and Disclosure Requirement) Regulations, 2015 read with RBI Circular on SDR. 

The stock is currently trading above its 200 DMA.

Nifty cracks below 7000: Stock Market Opening Trend Updates

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S&P BSE Sensex is trading at 23,056 down 33 points, while NSE Nifty is trading at 6,998 down 20 points.

The BSE Mid-cap Index is trading up 0.22% at 9,675, whereas BSE Small-cap Index is trading up 0.18% at 9,703.


Lupin, Sun Pharma, Tata Motors, M&M, ICICI Bank and ONGC are among the gainers, whereas Adani Ports, Bharti Airtel, NTPC, Axis Bank and ITC are losing sheen on BSE.
Some buying activity is seen in metal, capital goods, pharma and industrial sectors, while telecom, utilities, banking, auto and FMCG sectors are showing weakness on BSE.

Out of 1,765 stocks traded on the NSE, 646 declined, 689 advanced and 430 remained unchanged today.


A total of two stocks registered a fresh 52-week high in trades today, while 52 stocks touched a new 52-week low on the NSE.

The Indian rupee opened higher by 6 paise at 68.50/$ on Thursday against previous close of 68.56/$. 

Tuesday, 23 February 2016

Sensex tumbles over 350 points; banking, realty drag

Finally BSE Sensex ended with a loss of 379 points at 23,410. The BSE Sensex opened at 23,850, touched an intra-day high of 23,852 and low of 23,370.
 
The NSE Nifty closed with a loss of 125 points at 7,110. The NSE Nifty opened at 7,240 hitting a high of 7,242 and low of 7,099.  Asian Paints is the only gainer on NSE, whereas Bank of Baroda, Cairn, Coal India, SBI, Yes Bank, PNB, UltraTech Cement and ICICI Bank were among the losers today.
 
The India VIX (Volatility) index was up 12.69% to 23.6875.   The mid-cap and small-cap indices fell over 1.3% each.

Out of 1,788 stocks traded on the NSE, 1,176 declined and 359 advanced today.


A total of eight stock registered a fresh 52-week high in trades today, while 58 stocks touched a new 52-week low on the NSE.

Aurobindo Pharma, Bharti Infratel, Tata Motors DVR rally after Nifty50 inclusion

The stocks that are going to enter the Nifty50 index are Aurobindo Pharma, Bharti Infratel,  Eicher Motors, and Tata Motors DVR. All the stocks are trading higher on BSE.

Aurobindo Pharma rallied 1.3%  to Rs.663.15 on BSE. The current market cap of the company is Rs. 38293.98 crore.

Bharti Infratel 1.6% to Rs.381.45. The current market cap of the company is Rs. 71200.88 crore.
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Eicher Motors trading flat 0.4% to Rs.19,000. The current market cap of the company is Rs. 51408.24 crore.

Tata Motors DVR jumped 3.4% to Rs.249.65 on BSE.  Tata Motors is already a constituent of the Nifty50 index with its regular equity shares. Tata Motors' DVR shares got listed in November 2008.  The current market cap of the company is Rs. 12279.71 crore.

Nifty falls below 7200: Stock Market Opening Trend

S&P BSE Sensex is trading at 23,693 down 95 points, while NSE Nifty is trading at 7,221 down 22 points.

The BSE Mid-cap Index is trading down 0.21% at 9,856, whereas BSE Small-cap Index is trading down 0.05% at 9,917.


Some buying activity is seen in metal, telecom and pharma sectors, while banking, power, FMCG, utilities and consumer durables sectors are showing weakness on BSE.

Tata Steel, Sun Pharmaceuticals, ONGC, Adani Ports, Maruti Suzuki, Tata Motors, BHEL and Asian Paint are among the gainers, whereas NTPC, ITC, Bajaj-Auto, GAIL, Hero MotoCorp and HDFC Bank are losing sheen on BSE.

The INDIA VIX is up 5.83% at 22.2475. Out of 1,760 stocks traded on the NSE, 748 declined, 598 advanced and 414 remained unchanged today.


A total of four stocks registered a fresh 52-week high in trades today, while 13 stocks touched a new 52-week low on the NSE.

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Thursday, 18 February 2016

Nifty settles above 7,150: Stock Market Closing News

The BSE Sensex opened at 23,536, touched an intra-day high of 23,735 and low of 22,481. It finally ended with a gain of 267 points at 23,649.
 
The NSE Nifty opened at 7,177 hitting a high of 7,215 and low of 7,128, before ending with a gain of 83 points at 7,192.  
 
The India VIX (Volatility) index was down 2.61% to 21.5525. In broader market with the benchmark indices with the BSE midcap and smallcap indices closed up by 0.63% and 0.59%, respectively.

Hindalco, Dr.Reddy's, Cairn India, ONGC, Hero MotoCorp, ACC, ZEEL, Wipro and ICICI Bank were among the gainers on NSE, whereas Maruti Suzuki, Asian Paints, BHEL, RIL, Axis Bank, Adani Ports, Yes Bank and Idea Cellular were among the losers today.

Out of 1,790 stocks traded on the NSE, 635 declined and 883 advanced today.
 
A total of seven stock registered a fresh 52-week high in trades today, while 35 stocks touched a new 52-week low on the NSE. 

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Surya Roshni soars 3.8% after bagging orders worth Rs. 55.19 crore

Surya Roshni soared 3.8% to Rs.134.40 on BSE. The company bagged orders worth Rs.55.19 crore for supply of 9w LED bulbs and street lights for various states from Energy Efficiency Services Ltd.
 
The scrip opened at Rs. 134.1 and has touched a high and low of Rs. 136 and Rs. 133.5 respectively. So far 120196(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 564.09 crore. 

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 182.4 on 06-Jan-2016 and a 52 week low of Rs. 102.4 on 27-Mar-2015. Last one week high and low of the scrip stood at Rs. 145 and Rs. 123.2 respectively.
 
The promoters holding in the company stood at 63.32 % while Institutions and Non-Institutions held 0.16 % and 36.52 % respectively.

The stock is currently trading above its 50 DMA.

Nifty trades above 7,200 mark: Stock Market Opening News Trends

S&P BSE Sensex is trading at 23,704 up 322 points, while NSE Nifty is trading at 7,203 up 95 points.
 
The BSE Mid-cap Index is trading up 1.29% at 9,878, whereas BSE Small-cap Index is trading up 1.51% at 9,951.

Dr.Reddy's, L&T, ICICI Bank, Tata Motors, SBI, ONGC and Axis Bank are among the gainers, whereas Bharti Airtel, Prime Property and Shetron are losing sheen on BSE.

All sectors are trading in green on BSE. 
 

Quick Heal shares will be listed on the BSE and NSE on February 18. The company has raised Rs. 451 crore through its initial public offer (IPO).

The INDIA VIX is down 3.46% at 21.0750. Out of 1764 stocks traded on the NSE, 208 declined,1,170 advanced and 386 remained unchanged today.

A total of one stocks registered a fresh 52-week high in trades today, while eight stocks touched a new 52-week low on the NSE.

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Tuesday, 16 February 2016

Nifty settles below 7,050 level: Stock Market Closing News

The BSE Sensex opened at 23,689, touched an intra-day high of 23,692 and low of 23,165. It finally ended with a loss of 362 points at 23,191.

The NSE Nifty opened at 7,201 hitting a high of 7,205 and low of 7,038, before ending with a loss of 115 points at 7,048.
 

The India VIX (Volatility) index was up 2.97% to 23.040.
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Adani Ports, NTPC, Hero MotoCorp, Power Grid, IndusInd Bank, Dr.Reddy's Lab and Cairn India were among the gainers on NSE, whereas SBI, ZEEL, Bank Of Baroda, PNB, Vedanta, Tata Motors and BHEL were among the losers today.

Out of 1,791 stocks traded on the NSE, 1,256 declined and 295 advanced today.

A total of five stocks registered a fresh 52-week high in trades today, while 67 stocks touched a new 52-week low on the NSE.

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