Today Nifty 52 Week high stock live update

Company Name    open price   high price    low price     current price

BPCL                      520                 527.30          517.25          521.60

Bhartiairtel            396                   408.60          392.10           407.10

ICICI Bank            498.75           504.45          498.40           504

Relaince                  1472.65        1486              1468             1477.50

Kotak Bank            1626.65       1631.75          1622.85        1627.70

HclTech                   1148            1149.70          1140.75        1144.60

BajajFinsv              9065.50        9079.15          9015.45        9058.80

Bajaj Finance         4199             4209.55          4176.10        4187.25

Bajaj Auto              3225              3225               3192             3195.35

HDFC Bank            1277             1279.45          1268.05        1268.10

Asianpaint             1760.70           1765.45         1744.10        1746.65

Sensex up over 100 points

The benchmark Sensex advanced by over 100 points in morning trade today, building on yesterday’s recovery, as investors and domestic institutions widened their bets amid mixed global cues.

The Nifty opened 15 points up at 8,407 while the Sensex opened 54 points up at 27,171.

Short-covering by speculators ahead of January monthly derivatives contract expiry added to the upward move.

Moreover, encouraging earnings numbers from India’s fourth—largest software services exporter, HCL Technologies, too added to the cheer.

The NSE Nifty also recaptured the 8,400—mark.

The BSE 30—share barometer advanced 106.96 points, or 0.39 per cent, to 27,224.30. The gauge had gained 82.84 points in the previous session at about 10 am.

Sectoral indices led by consumer durables, power, banking, PSU, capital goods and metal stocks were in the green, adding up to 1.28 per cent.

The NSE Nifty went past the 8,400-mark by rising 38.90 points, or 0.46 per cent, to 8,430.40. Volatility was a tad down with the India Vix ruling at 15.7750.

Early today, HCL Technologies reported a 7.8 per cent rise in consolidated net profit at Rs 2,070 crore for the third quarter ended December 2016.

Brokers said increased buying in select stocks coupled with covering—up of outstanding short positions ahead of the January month derivatives expiry had a positive impact.

A mixed trend on other Asian bourses too influenced sentiments, they said.

In the Asian region, Hong Kong’s Hang Seng was up 0.30 per cent, while Shanghai Composite index edged down 0.09 per cent in early trade today. Japan’s Nikkei fell 0.07 per cent.

The US Dow Jones Industrial Average ended lower by 0.14 per cent in yesterday’s trade. PTI KPS DP JM 01240953

A report by IFA Global said "Asian stock markets are trading on a mixed note, with Hang Seng index trading higher by 75 points and Nikkei index is trading lower by 13 points as major global indices remained under pressure post-Trump inauguration speech.US stock markets closed on a negative note, the Dow Jones Industrial Average closed lower by 27 points and Nasdaq index closed lower by 2 points. U.S. equities closed lower as U.S. President Donald Trump's focus on trade protectionism fueled suspicions his administration might seek a competitive advantage through a weaker currency.European stock markets closed in the red, with FTSE closed lower by 47 points and CAC lower by 29 point. European markets ended the day lower following weak global cues.

Markets open on a positive

Mumbai, Jan 18 (IANS) The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note during the morning session of the trade.

The Sensex of the BSE after opening at 27,261.76 points, touched a high of 27,333.76 and a low of 27,256.74 points.

On Tuesday, the Sensex closed at 27,235.66 points.

The Sensex is trading at 27,328.63 points, up by 92.97 points or 0.34 per cent.

On the other hand, the broader 51-scrip Nifty at National Stock Exchange (NSE) opened at 8,403.85 points after closing at 8,398.00 points.

The Nifty is trading at 8,425.00 points in the morning.

Sensex trading flat; consumer durables, FMCG stocks major gainers

The Nifty and the Sensex opened and traded flat to positive following global cues. The Nifty opened 2 points up at 8,415, while the Sensex opened 44 points up at 27,332.

At 10.10 a.m., the 30-share BSE index Sensex was up 22.74 points or 0.08 per cent at 27,310.91 and the 50-share NSE index Nifty was up 8.15 points or 0.1 per cent at 8,420.95.

Barring Nifty Metals, all broader and sectoral indices were trading flat.Volatility was a tad down with the India Vix ruling at 15.0400.

Among BSE sectoral indices, consumer durables index gained the most by 0.79 per cent, followed by FMCG 0.6 per cent, IT 0.56 per cent and banking 0.53 per cent, while metal index was down 0.52 per cent and oil & gas 0.33 per cent.

Top five Sensex gainers were Axis Bank (+1.59%), HUL (+1.35%), Asian Paints (+1.33%), TCS (+1.04%) and NTPC (+0.82%), while the major losers were Reliance (-2.13%), Tata Steel (-1.17%), Lupin (-0.68%), Cipla (-0.67%) and Adani Ports (-0.62%).

A report by IFA Global said: "Asian stock markets are trading on a mixed note, with Hang Seng index trading higher by 96 points and Nikkei index trading lower by 113 points following lack of global cues as US markets remained closed yesterday. On Friday, US stock markets closed on a flat note. The Dow Jones Industrial Average closed lower by 5 points and Nasdaq index closed higher by 26 points. US equities closed almost flat after mixed set of economic data released on Friday. European stock markets closed on a negative note, with FTSE closed lower by 10 points and CAC lower by 40 points. European markets ended the day on a negative note ahead of UK prime minister's speech scheduled today."

Sensex up 128 points on positive

MUMBAI, JAN 11:  

The benchmark BSE index Sensex was trading above the 27,000-mark and the NSE index Nifty above the 8,300-level on a flurry of buying by retail and domestic investors owing to positive global cues.

However, caution prevailed ahead of macroeconomic data and quarterly earnings from blue-chip companies.

At 10.45 a.m., the 30-share BSE index Sensex was up 127.98 points or 0.48 per cent at 27,027.54 and the 50-share NSE index Nifty was up 45 points or 0.54 per cent at 8,333.60.

Barring IT and TECk, all other BSE sectoral indices were trading in the green. Among them, metal index surged the most by 3.8 per cent, banking 1.29 per cent, capital goods 0.93 per cent and PSU 0.83 per cent. On the other hand, IT index was down 0.39 per cent and TECk 0.19 per cent.

Top five Sensex gainers were Tata Steel (+3.78%), Coal India (+3.41%), Lupin (+1.55%), L&T (+1.19%) and Adani Ports (+1.17%), while the major losers were Bajaj Auto (-0.9%), TCS (-0.88%), Cipla (-0.85%), Hero MotoCorp (-0.46%) and Infosys (-0.37%).

A report by SMC Global said: "India's auto sales saw their biggest monthly fall in 16 years in December due to demonetisation drive. Asian stocks opened higher following a surge in metal stocks after evidence of quickening price growth in China boosted metals and other commodities. Crude oil prices dropped to a one-month low. European stock markets, which had opened broadly lower, closed the day on a firmer note, while Wall Street shares closed mixed. US stocks have risen in the last two months in anticipation of easier fiscal policy based on Trump's campaign promises of increased infrastructure spending and tax cuts. Hiring increased for the month of November in the US, indicating a steady growth in the jobs market, according to data from the US Labor Department. The number of positions waiting to be filled rose 71,000 to 5.52 million which was in line with the forecast of 5.5 million. While hiring increased to 5.22 million from 5.16 million, the rate of hiring remained unchanged at 3.6 per cent."

Sensex closes up 173 points

BSE Sensex closes higher by 173 points, or 0.65, to 26,890, while the Nifty 50 rises 53 points, or 0.64%, to 8,289

Mumbai: Market benchmark Sensex rebounded by over 173 points to finish at 26,899.56 on Tuesday as domestic investors heavily bought into recently battered metal, auto and oil & gas stocks amid a higher opening of the European markets.


Sensex snapped its two-day falling streak, supported by value-buying in select blue-chip stocks amid mixed global cues. The gauge had lost 151.69 points in the previous two sessions ahead of earnings season and macroeconomic numbers due this week amid looming fears of a slowdown in the country’s GDP growth.

Domestic Institutional Investors (DIIs) were net buyers as they bought shares worth Rs96.82 crore, while Foreign Portfolio Investment (FPIs) offloaded shares amounting to Rs325.10 crore, provisional data showed. However, concerns prevailed ahead of earnings season and macroeconomic data, to be released later this week. The BSE benchmark Sensex opened higher at 26,811.63 and hovered in a range of 26,914.95 to 26,804.17 before finishing at 26,899.56, showing a gain of 173.01 points or 0.65%.

Sentiment was, however, subdued ahead of India’s budget, scheduled on 1 February, and caution ahead of key global events such as Donald Trump’s swearing-in as US president later this month. “Markets are consolidating like they have been in the past couple of weeks and are in a very narrow range as they wait for the quarterly results and for Donald Trump to take over as president of the US,” said Dipen Shah, senior vice president, public client group research, Kotak Securities.

Sensex surges 260 points, Nifty jumps to 8,186

The Sensex and Nifty jumped 1 per cent in the last trading session of 2016, recovering from recent losses and ending a volatile year with gains despite fears of outflows from emerging markets and cash crunch in the domestic economy post-demonetisation.

The broader NSE index gained 3 per cent in calendar 2016, while the benchmark BSE index advanced 2 per cent, recovering from losses in 2015.

On Friday, the NSE index rose 82.2 points or 1.01 per cent to 8,185.80, while the BSE index gained 260.31 points or 0.99 per cent to 26,626.46.

Both indexes advanced more than 2 per cent over the week, but posted modest losses for December.

Among BSE sectoral indices, FMCG index gained the most by 1.67 per cent, followed by power 1.3 per cent, healthcare 1.11 per cent and realty 1.1 per cent.

Top five Sensex gainers were GAIL (+3.07%), Sun Pharma (+2.59%), ITC (+2.31%), Power Grid (+2.14%) and Infosys (+1.67%), while the major losers were Bajaj Auto (-0.81%), Dr Reddy's (-0.46%), Tata Steel (-0.34%), HDFC Bank (-0.12%) and ONGC (-0.05%).

Volatile year

2016 was marked by volatility from global events, including Britain's vote in June to exit the European Union and the US election victory of Donald Trump in November. This year's gains would mark a recovery from a decline recorded in 2015.

At home, the approval for the Goods and Services Tax Bill earlier this year helped boost sentiment, but that was offset later by the government's move to scrap higher-denomination notes, raising concerns about economic growth.

But analysts sounded optimism for the new year, with the Reserve Bank of India expected to cut rates at its next policy review in early February and the government gearing up to issue the annual budget.

“Markets remain in comfortable zone, most of the lull was over in the last month,” said Deven Choksey, managing director of KR Choksey Securities.

“Market is expecting positive outlook from budget in subsequent months.”

Global markets

Oil prices made fresh gains on Friday and were heading for their biggest annual percentage rise since 2009, with world stocks also up nearly 6 per cent over the year despite concerns over China’s slowing growth and weakening currency.

Global markets have fared surprisingly well in a year marked by major political shocks, including June’s Brexit vote and the unexpected election of Donald Trump as US president in November. US stocks have hit successive record highs and emerging equities have rebounded 8 per cent after three years in the red.

The BSE Mid-cap Index is trading up 0.53% at 11,567, whereas BSE Small-cap Index is trading up 0.46% at 11,602. The INDIA VIX is down 1.86% at 16.6925.

The key benchmark climbed on Tuesday tracking a rebound in Asian equities led by pharma shares amid thin volumes as financial markets close out a volatile year.

At 10:36 AM, the S&P BSE Sensex is trading at 25,889 up 88 points, while NSE Nifty is trading at 7,934 up 26 points. The BSE Mid-cap Index is trading up 0.53% at 11,567, whereas BSE Small-cap Index is trading up 0.46% at 11,602.

Tata MotorsDVR, Cipla, Bosch, Lupin, Ambuja Cement and Tata Motors are among the gainers, whereas Hindalco, UltraTech Cement, Bharti Airtel, GAIL and Coal India are losing sheen on NSE.

A total of five stocks registered a fresh 52-week high in trade today, while 15 stocks touched a new 52-week low on the NSE.

Out of 1,883 stocks traded on the NSE, 536 declined, 975 advanced and 372 remained unchanged today.
Some buying is observed in media, pharma, IT and financial services sectors while realty, banking and auto are showing weakness on NSE.

The INDIA VIX is down 1.86% at 16.6925.

Asian indices were trading flat to mildly positive as volumes drop in the holiday season with year end blues taking over. The trade of long developed markets & short emerging markets has played out well in the last 2 months with both the Japanese 'Nikkei' & the US Dow Jones now in sight of hitting 20,000.  

Finance Minister Arun Jaitley has said that tax payers should be trusted, unless proven otherwise and batted for a globally compatible lower level of taxation. Jaitley said voluntary compliance by citizens of payment of due taxes needs to be reciprocated by authorities with a tax-friendly administration.

Meanwhile, Prime Minister Narendra Modi is set to meet with experts at NITI Aayog today to discuss ways to drive economic growth in the aftermath of lowered growth forecasts by various agencies.

On the bright side, the rupee managed to end at a two-week high against the US dollar.

While volumes remain thin, some buying could keep the indices afloat before the F&O choppiness sets in later this week.  A report suggests that a government clarification on indirect transfer of shares could result in foreign investors paying up to 40% tax on their capital market investments in India. Monday weakness was more to do with statements from the PM that financial market participants may have to  pay  more taxes.

The Indian rupee opened lower by 10 paise on Tuesday at 67.84 per dollar versus previous close of 67.74/$.

Sensex Snaps 7-Day Losing Streak, Nifty Loses Grip On 8,000

The BSE Mid-cap Index is trading down 0.36% at 11,766, whereas BSE Small-cap Index is trading up 0.03% at 11,806. A total of four stocks registered a fresh 52-week high in trade today, while 35 stocks touched a new 52-week low on the NSE.The Indian equity market opened lower on Friday weighed by weak global cues ahead of Christmas holiday.

At 2:46 PM, the S&P BSE Sensex is trading at 26,046 up 66 points, while NSE Nifty is trading at 7,978 up mere eight points. The BSE Mid-cap Index is trading down 0.36% at 11,766, whereas BSE Small-cap Index is trading up 0.03% at 11,806.

Sun Pharma, Bajaj Auto, L&T, Grasim and HUL are among the gainers, whereas Eicher Motors, Tata Power, HCL Tech and Tech Mahindra are losing sheen on NSE.

A total of four stocks registered a fresh 52-week high in trade today, while 35 stocks touched a new 52-week low on the NSE.

Out of 1,887 stocks traded on the NSE, 631 declined, 886 advanced and 370 remained unchanged today.

Some buying is observed in Pharma, Banking and Financial sectors, while FMCG, Telecom, Information Technology, Capital Goods and Metal are showing weakness on NSE.

The INDIA VIX is down 0.69% at 15.4450.

Sun Pharmaceutical Industries rallied 2.6% after the company has informed BSE that one of the wholly owned subsidiaries of the company has acquired 13,000,000 Series B Preferred Stock of scPharmaceuticals Inc. (equivalent to 14.58% fully diluted equity stake on conversion) by way of allotment.

Wipro dipped 1%. The company announced that it has reached an agreement with the U.S. Securities and Exchange Commission (SEC) to formally  resolve the previously disclosed six-year-old investigation.

Reliance Defence and Engineering Ltd rose 3.6% to Rs 55 after huge block deal. Around 12.3 million shares or 1.7% stake of the company changed hands in a single block deal. Welspun Enterprises plunged 4%. Welspun Enterprises a part of $2.3 billion Welspun Group, on Thursday announced plans to buy back up to 25% of its share capital at a price of Rs 62 per equity share.

Deepak Nitrite tanked 3.7% to Rs 85.80 after huge block deal. Around 3 million shares of the company changed hands in two block deal

JK Paper rose 2%.  JK Paper Ltd has now informed BSE that the Company has decided at its meeting of Committee of Directors held on December 22, 2016, to sell 20 per cent shareholding of OJPPL to OHC, one of the joint venture parties.

Suzlon Energy rose 0.29% after the company announced a joint venture with AMP Solar for the development and construction of a 15 MW solar PV project located at Achampet, Mahaboobnagar District, Telangana.

Tata Motors dropped 1.6%. The sentiments that prevailed at the Tata Motors extraordinary general meeting mirrored the EGMs at the storied group's other companies, with a majority of shareholders speaking in favour of Tata Sons' interim chairman Ratan Tata.

Hinduja Ventures gained 3% after the Board of Directors at its meeting held December 22, 2016, has approved the disinvestment of 4,36,47,056 equity shares of Rs. 10 each held by the Company in Hinduja Energy (India) Limited.

Yes Bank is trading marginally down at Rs 1,126. The bank has announced that it has received ratings for an additional amount of Rs 1500 crore of Basel III Compliant AT1 (Additional Tier-1) Bonds. This takes the quantum of rated Basel - III Compliant AT1 bonds to Rs 3600 crore.

Goodluck India rallied 7.6%. The company announced that a meeting of the Board of Directors of the Company is scheduled to be held on 27 December 2016, inter alia, to issue and allot warrants convertible into equal number of equity shares to promoters on preferential basis
JBM Auto inched up 1%.  JBM Auto Ltd informed BSE that a meeting of Board of Directors is scheduled to be held on December 29, 2016, to re-consider the proposal for various fund raising options including through Qualified Institutions Placement subject to taking of shareholders' approval.

Igarashi Motors India slipped 1.7% after the company informed BSE that the meeting of the Board of Directors of the Company is scheduled on December 26, 2016, to discuss and consider business re-organization, including amalgamation of group Company(ies), to achieve synergies in business operation.

Centrum Capital zoomed 6% to Rs 31.25 on the BSE. The promoters of Centrum Capital have increased their stake in the merchant banking firm through open market purchases, taking their total stake to 37.25 per cent in a Rs 51 crore deal. 

The Indian rupee opened higher by six paise at 67.93 per dollar versus previous close of 67.98.

Crude is hovering around recent highs.The 20,000 mark remains elusive for the Dow. Italy is back on the radar after Monte dei Paschi di Siena failed to raise the 5 billion euros it badly needed to stay afloat; capital injection from the state is being sought.

Euro zone inflation could exceed 1 pc; the highest level since 2013, according to The European Central Bank.

Asian indices opened in the red with week end blues seeing caution ahead of the holiday shortened next week. Japanese markets will be shut for the Emperor’s birthday, while the Australian Securities Exchange (ASX) and the New Zealand Exchange will close earlier than usual on the last business day before Christmas.

Sensex down 47 points on weak Asian cues

The Nifty and the Sensex opened and traded flat to negative as trading went mute after participation from market-men declined ahead of Christmas and New year.

The Nifty opened six points down at 7,973, while the Sensex opened 20 points down at 25,960.

At 9.40 a.m., the 30-share BSE index Sensex was down 47.24 points or 0.18 per cent at 25,932.36 and the 50-share NSE index Nifty was down 12.65 points or 0.16 per cent at 7,966.45.

A report by SMC Global said: "Asian stocks stepped back in subdued trade today as Wall Street took a breather from its relentless rise since the US election, while the dollar hovered below its 14-year high set earlier this week. Overnight, US equities posted their first back-to-back daily declines of the month in light trading as investors took time out ahead of the Christmas weekend. Economic activity in the US increased by more than previously estimated in the third quarter, the Commerce Department revealed in a report. The Commerce Department said gross domestic product climbed by 3.5 per cent in the third quarter, reflecting an upward revision from the previously reported 3.2 per cent increase. Economists had been expecting the report to show a more modest upward revision to the pace of GDP growth to 3.3 per cent."

All the broader and sectoral indices barring pharma were trading in the red. Volatility was up 1.2 per cent with the India Vix quoting at 15.7400.

Sensex drops over 250 points; Nifty

The BSE Mid-cap Index is trading down 1.41% at 11,816, whereas BSE Small-cap Index is trading down 1.27% at 11,800. The INDIA VIX is up 4.86% at 15.4200.

The Nifty slipped below the 8,000 mark for the first time since November 25.

The Indian stock market continued to trade lower after Asian markets suffered modest losses taking cues from a lackluster day on Wall Street as investors locked in gains in thin trade ahead of the upcoming holidays. Investors will keep an eye on the two-day GST Council meet which begins later in the day. The GST Council will discuss drafts of the model GST, integrated GST and states' compensation Bills.

At 12:50 PM, the S&P BSE Sensex is trading at 25,980 down 262 points, while NSE Nifty is trading at 7,997 down 64 points.
A total of five stocks registered a fresh 52-week high in trade today, while 23 stocks touched a new 52-week low on the NSE.

Out of 1,885 stocks traded on the NSE, 1,272 declined, 254 advanced and 359 remained unchanged today.

The BSE Mid-cap Index is trading down 1.41% at 11,816, whereas BSE Small-cap Index is trading down 1.27% at 11,800.

All the BSE sectoral indices were trading in the negative territory.

Sun Pharma, Tata Motors, Wipro and Cipla are among the gainers, whereas ONGC, Axis Bank, GAIL, HDFC and Dr Reddy's are losing sheen on BSE.

The INDIA VIX is up 4.86% at 15.4200.

Vedanta Ltd is currently trading at Rs 217.5, down by Rs 8.55 or 3.78% from its previous closing of Rs 226.05 on the BSE. The scrip opened at Rs 225.5 and has touched a high and low of Rs 225.5 and Rs 216.4 respectively. So far 5426444 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 67016.91 crore.

Wockhardt Ltd is currently trading at Rs 660.15, down by Rs 11.25 or 1.68% from its previous closing of Rs 671.4 on the BSE.

Sun Pharmaceutical Industries is trading in green on the BSE.  Sun Pharmaceutical and includes its subsidiaries or associate companies announced its plans to acquire a branded oncology product, Odomzo, from Novartis.

Empee Distilleries soared 3.5% to Rs 55.20 on the BSE. The company's board meeting is scheduled to be held on December 26, to consider and approve sale of 1,95,12,997 equity shares of Rs 10 each held by the company in Empee Hotels (unlisted entity).

SPARC jumped 3.4% after the pharma company has received a Complete Response Letter (CRL) from the USFDA for the New Drug Application (NDA) for Xelpros, Latanoprost BAK-free eyedrops.

South Indian Bank slipped 0.48%. The bank said its board has approved issuing one equity share for every three equity shares held by shareholders on rights basis.

Godrej Properties slipped 1%. RKN Enterprises has acquired 39,86,400 shares, or 1.84% stake in Godrej Properties from Rishad K Naoroji.

KDDL rallied 5.3% after the company has allotted 2,64,150 zero coupon convertible warrants at premium of Rs 255 per share to Swades Capital LLC, a promoter group entity.

Nitesh Estates advanced 1%. Nitesh Estates has informed bourses that the company has redeemed 700 non convertible debentures (Unlisted NCD) out of 1,250 non convertible debentures held by IDFC Limited for the aggregate value of Rs 70 crore.

IFCI Ltd tanked 2.6%. The company said it has raised benchmark lending rate by 0.1% point (10 basis points) to 8.6%.

Alankit soared 3%. Alankit has informed stock exchanges that the company has been appointed as E-KYC User Agency (KUA) for the usage of Aadhaar Authentication Services provided by UIDAI to provide Aadhaar Enabled Services to company beneficiaries, clients and customers.

The Indian rupee opened higher by eight paise at 67.82 per dollar versus previous close of 68.90.Greenback has lost some ground against Yen, while Sterling has been shaky this week, with values sinking to one-month low of $1.2313 at one point of time yesterday. Recent trajectory in Pound is clearly influenced by Scottish push for independence from UK in order to maintain access to EU’s single market. Meanwhile, Euro has managed some recovery, deriving cues from reports that Italian parliament approved US$21bn bailout plan to recapitalize country's beleaguered banks.

It could take another three months to get over the negative shock of demonetisation but this could get compensated by a positive impact in FY18, says a senior adviser to PM Modi.

The finance ministry is bracing up for a heated discussion today as the Parliamentary Standing Committee on Finance will face a volley of questions regarding the ill-preparedness of the demonetization drive. RBI Governor will be called at a later date by the committee.

Meanwhile, RBI’s Monetary Policy Committee minutes suggest Q3 assessment is likely to be clouded by withdrawal of bank notes; GVA growth has been revised from 7.6% to 7.1%.

The demonetisation impact on growth will be ‘transient and uncertain’. The rupee saw some relief with the dollar cooling against other emerging currencies. 

Gold manage to shine a little after days of dullness. A dull day is in store for the market. The Dow failed yet again to cross the psychological 20,000 mark and ended in the red.
Asian indices opened flat to marginally weak as US indices also had a rather quiet session with the Dow Jones ending marginally in the red. Pullback in oil prices & yields edging lower were the theme for the day as US$ also saw profit booking. Emerging markets continue to be the favorite punching bag on both currency & equity front as investors exit seeking better opportunities in US equity & bonds.

Indian equity market indices open

Mumbai, Dec 22 (IANS) Taking cues from global markets, the key Indian equity market indices opened flat on Thursday....

The Sensitive Index (Sensex) of the BSE, which had closed at 26,242.38 points on Wednesday, opened lower at 26,224.07 points....

Minutes into trading, it was quoting at 26,225.84 points, down by 16.54 points, or 0.06 per cent....

At the National Stock Exchange (NSE), the broader 51-scrip Nifty, which had closed at 8,061.30 point,was trading at 8,043.85 points, down 17.45 points or 0.22 per cent....

On Wednesday, huge outflow of foreign funds, coupled with negative global indices and profit booking...
pulled the Indian equity markets lower for the sixth consecutive session....

The Sensex was down 65.60 points or 0.25 per cent at Wednesday’s closing. The index touched a high of 26,396 points and a low of 26,213.51 points during the intra-day trade....

The Nifty, also dipped by 21.10 points or 0.26 per cent....

On Thursday, Asian indices were trading in a muted note taking a cue from a subdued trade on Wall Street as investors booked profit ahead of the upcoming holidays....

Japan’s Nikkei 225 was trading in red, down 0.16 per cent, Hang Seng down by 0.82 per cent while South Korea’s Kospi was also down by 0.02 per cent. China’s Shanghai Composite index was quoting in red, down by 0.25 per cent....

Nasdaq on Wednesday closed in red, down by 0.23 per cent and FTSE 100 also fell by 0.04 per cent at at the closing....

Sensex ends lower for 6th straight session

MUMBAI, DEC 21:  
The Sensex and Nifty erased early gains to close lower on Wednesday, posting their sixth straight session of declines, dragged down by FMCG, IT and TECk stocks.

The 30-share BSE index ended down 65.6 points or 0.25 per cent at 26,242.38, while the broader NSE index closed 21.1 points or 0.26 per cent lower at 8,061.30.

Among BSE sectoral indices, FMCG index fell the most by 0.95 per cent, followed by IT 0.75 per cent, TECk 0.74 per cent and capital goods 0.4 per cent. On the other hand, realty index was up 1.52 per cent, consumer durables 0.68 per cent, power 0.55 per cent and PSU 0.53 per cent.

Top five Sensex gainers were Maruti (+1.31%), M&M (+1.22%), Lupin (+1.17%), NTPC (+1.05%) and ONGC (+0.78%), while the major losers were Sun Pharma (-2.25%), ITC (-1.44%), TCS (-1.07%), Hero MotoCorp (-1.00%) and Wipro (-0.91%).

Record high

The NASDAQ Composite rose to an all-time high while the Dow Jones industrial average flirted with the 20,000 mark, in a rally fuelled by optimism about US President-elect Donald Trump's policies.

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.31 per cent on Wednesday.

Investors now keep an eye out for the minutes of the Reserve Bank of India's monetary policy committee (MPC) meeting earlier this month, expected later in the day, for clues about the economy and the central bank's stance after demonetisation.

The central bank had unexpectedly kept its key policy rate unchanged on December 7, despite calls for action in the face of an intense cash shortage that threatens to slam the brakes on the world's fastest-growing large economy.

“The feel-good factor has been missing from the market post-demonetisation,” said Neeraj Dewan, director at Quantum Securities.

“We will have to wait and watch if the government announces anything substantial early next year to lift investor sentiment. We can then expect a pre-budget rally.”

Analysts are of the view that markets will trade in a narrow range until the effects of demonetisation pan out with better clarity.

Sensex, Nifty Drop Near 1-Month Low

Closing Bell

Indian shares declined for a sixth straight session, with key benchmarks falling close to their one-month lows, amid waning turnover as capital goods and technology companies led losses.

The S&P BSE Sensex declined 0.2 percent to 26,242 while the NSE Nifty dropped 0.2 percent as well as to 8,061. The market breadth was skewed in favour of the bears once again with 886 stocks declining, 707 advancing and 293 remaining unchanged.

The country’s largest drug maker Sun Pharma declined for a fourth straight session and was the worst performer on the Sensex.

ndian shares are set for a second straight monthly loss on concerns that the government’s decision to recall high denomination currency bills will dampen demand and slow economic growth. Global funds have pulled over $160 million from local shares in December, adding to the $2.6 billion they withdrew last month

Sensex loses, Nifty breaches 8100 mark

TCS was the biggest gainer of the day and was up by 2.23%, while Mahindra & Mahindra Financial, Bharat Financial Inclusion, Bajaj Finance were down by 2-6%.

Nifty PSU Bank index extended its losses and fell by 3% to a one month low even as Finance Minister Arun Jaitley said the RBI is releasing adequate amount of currency everyday. TCS was the biggest gainer of the day and was up by 2.23%, while Mahindra & Mahindra Financial, Bharat Financial Inclusion, Bajaj Finance were down in the range of 2-6%.

The BSE Sensex ended with a loss of 66.72 points at 26,307.98, while the NSE Nifty closed at 8,082.40, down 21.95.

TCS, Ambuja Cement, ACC, ZEEL, ITC, NTPC, Infy and Wipro were among the biggest gainers, while Idea, Aurobindo Pharma, Bosch, Yes Bank and Bank of Baroda were among the biggest losers.

The India VIX (Volatility) index was down 2.02% at 14.53. The BSE Midcap closed at 12004.16 , down 1.40% and Smallcap indices closed at 11947.14, a dip of 0.92%. Out of 1447 stocks traded on the NSE, 1040 declined and 356  advanced today.

A total of 14 stocks registered a fresh 52-week high in trade today, whereas 20 stocks touched a new 52-week low on the NSE.

Non-banking finance companies witnessed a fall. Experts said they have taken a hit due to uncertainty over earnings after demonetisation and as Maharashtra government said it will set up a probe on violations by microfinance companies in the state.

Public banks have been under pressure for the past few sessions as some of the measures announced by the RBI to incentivise digital payments are seen increasing their cost of operations.

The stocks of Mahindra & Mahindra Financial, Bharat Financial Inclusion, Bajaj Finance, Can Fin homes, Dewan Housing Finance were down 2-6%.

Most Asian indices ended down as shares in the emerging markets declined after the Bank of Japan kept its key policy rates unchanged. However, rates in Japan rose after the country's central bank upgraded its outlook for the Japanese economy.

Straits Times traded at 2,911.31 and Hang Seng was at 21,729.06, both in red, whereas Nikkei 225 traded in green at 19,494.53 at the time of the filing of this report.

Gold was at Rs 27120 and silver was at Rs 39085.

Reliance Communications fell 2.4% as Fitch cut its debt rating to B+. Oil and Natural Gas Corp hit a low as oil ministry seeks to halve crude oil cess to 10% in the budget.

The Indian rupee was down as foreign banks buy dollars, likely for FPI's outflow from domestic markets. Dollar demand from oil importers and a rise in dollar globally were the factors that contributed to the downfall.

The price of India's crude oil basket rose 94 cents on Monday to $53.29 a barrel, data released by the petroleum ministry stated

Indices marginally higher

the S&P BSE Sensex is trading at 26394.62 up 19.92 points, while NSE Nifty is trading at 8107.65, marginally up 3.30 points.

Tata Group are in focus after Cyrus Mistry announced his resignation from the boards of Tata Motors, Indian Hotels and four other companies. Tata Power is among the top gainers in the trade so far. Tata Motors, Tata Motors DVR, TCS stocks up. 

A total of 10 stocks are at a 52-week high in trade today, while 11 stocks, including Laurus Lab, Tree House and TV Today, have so far touched a new 52-week low, while Tata Power, Coal India, Gail Infratel and NTPC are among the top gainers on the NSE.

Out of 1876 stocks traded on the NSE, 635 declined, 824  advanced and 417 remained unchanged today.

The BSE Mid-cap Index is trading down by 0.13% at 12158.30 , whereas BSE Small-cap Index is trading up 0.18% at 12079.88.

Asian indices opened flat as nearness to year end saw volumes dry up as markets await 2017. Strength in US$, rise in bond yields and weakness in emerging markets were the theme of the last 2 months of 2016. Gold prices continued to struggle as coupled with slowdown in India the strength in the US$ is another negative going forward into 2017.

For the first time in nearly 150 years, India surpassed Britain as far as the size of the economy is concerned. India is now the fifth largest economy with US $2.30 trillion and the ones ahead are USA, China, Japan and Germany. The fall in the pound coupled with Brexit issues enabled India to overtake the UK GDP much earlier.

The INDIA VIX is down 3.31% at 14.34.

Buzzing Stocks:
Govt may announce winner of Rs 60,000 cr defence order today. Titagarh Wagon very interesting contender along with Tata Power.
Cos to focus: L&T, M&M, Pipavav, TaMo + Bharat Forge, Tata Power + Titagarh wagon.
Lupin announced the launch of a generic version of its voriconazole tablets and oral suspension used for the treatment of fungal infections in children.

Cipla has received final approval from the US health regulator for lipid regulating Fenofibrate tablets.

Steel Authority of India Ltd (SAIL) is in talks with Japan's Nippon Steel and Sumitomo MetalCorp and Kobe Steel Ltd for potential technical agreements to help the firm expand its global footprint.

The board of directors of Pennar Industries Ltd is evaluating the merger of its subsidiary Pennar Enviro Ltd into Pennar Industries.

Stung by fluctuation in price of coking coal, Steel Authority of India Limited (SAIL) is desperately seeking an alternative solution to reduce its dependence on imports.

The government over the next few days will examine the status of 72 coal blocks allocated either through allotment or auction route to companies like NTPC, JSW Steel, Hindalco and SAIL.

Jindal Steel and Power Ltd (JSPL) has lined up Rs 80 bn additional investment for its Odisha operations. The money will be spent on the addition of a blast furnace to take its Angul steel plant capacity to 6mt, setting up of a cement plant, laying of the slurry pipeline to carry iron ore from mines to the steel plant and setting up of a pellet plant.

Divi's Laboratories Limited has chalked out alternate plans to keep the capacity expansion going after the Rs 5 bn greenfield project near
Kakinada ran into rough weather, first by the local protests and later by an interim order issued by Hyderabad high court pertaining to the project land.

 Glenmark is developing specialty respiratory and dermatology products as a part of its long-term growth strategy.

Stocks ended lower for the fourth session in a row on Monday and suffered a bout of heavy selling in the last half hour of trade. Flat-to-weak close in Asia and absence of major movements in European equities also impacted sentiment on Dalal Street.

Energy stocks such as Petronet LNG, Reliance Industries and BPCL saved the market some blushes in an otherwise dull trade. Volumes were missing as the year-end holiday season during Christmas week took root. Investors preferred to remain on sidelines.

Here are the major events of the trading day:

* The Nifty fell 35 points, or 0.4%, to close at 8,104 points. The index dropped for the 4th day, and briefly went below the 8,100 mark as well owing to heavy selling in the last hour of trade.

* Bharti Infratel, Asian Paints, Sun Pharma, UltraTech Cement and HDFC dropped between 2-3% and were among 31 shares that fell on the index.

* GAIL, Aurobindo Pharma, Tata Power, Grasim and HCL Tech rose between 0.7-2.3% and were among 19 shares that advanced on the Nifty.

* The Sensex lost 115 points to end the session at 26,374 points on the Bombay Stock Exchange. Asian Paints was the top loser while GAIL was the top gainer.

* Pharma company Laurus Labs got listed on markets at a 14.5% premium to its offer price of 428 rupees a share. The stock fell 2% at its close to 480 rupees with 844 crore rupees worth of shares changing hands on the NSE alone.Stocks ended lower for the fourth session in a row on Monday and suffered a bout of heavy selling in the last half hour of trade. Flat-to-weak close in Asia and absence of major movements in European equities also impacted sentiment on Dalal Street.

Energy stocks such as Petronet LNG, Reliance Industries and BPCL saved the market some blushes in an otherwise dull trade. Volumes were missing as the year-end holiday season during Christmas week took root. Investors preferred to remain on sidelines.

Here are the major events of the trading day:

* The Nifty fell 35 points, or 0.4%, to close at 8,104 points. The index dropped for the 4th day, and briefly went below the 8,100 mark as well owing to heavy selling in the last hour of trade.

* Bharti Infratel, Asian Paints, Sun Pharma, UltraTech Cement and HDFC dropped between 2-3% and were among 31 shares that fell on the index.

* GAIL, Aurobindo Pharma, Tata Power, Grasim and HCL Tech rose between 0.7-2.3% and were among 19 shares that advanced on the Nifty.

* The Sensex lost 115 points to end the session at 26,374 points on the Bombay Stock Exchange. Asian Paints was the top loser while GAIL was the top gainer.

* Pharma company Laurus Labs got listed on markets at a 14.5% premium to its offer price of 428 rupees a share. The stock fell 2% at its close to 480 rupees with 844 crore rupees worth of shares changing hands on the NSE alone.Reliance Industries, Sun Pharma and Tata Motors were in heavy demand as well.

* HCL Infosystems, Ashok Leyland and HDIL saw heavy volumes.

* Wider benchmarks lost between 0.4-0.5% as bears gained traction in the market.

* There were no gainers in the sectoral space with PSU Banks, Realty, Auto and Financial Services stocks dropping the most.

* The bears were in full control of sentiment on Dalal Street with 935 shares falling compared with 529 that rose.

* Indraprastha Gas was the only notable stock to hit a fresh 52-week high in trade.

* Narayana Hrudalaya, Esab India and Zee Learn saw trades that were in multiples of their 5-day average volume.

* The Reserve Bank of India announced fresh restrictions on cash exceeding 5,000 rupees being deposited in bank accounts via scrapped notes.

Sensex extends losses, down 81 points

The 30-share barometer was down 0.31 per cent to 26,408.74 in early trade.

Mumbai: Falling for the fourth straight session, the benchmark BSE Sensex surrendered another 81 points to quote at 26,408.74 in early trade today on sustained selling by investors and funds amid weak Asian cues.

The 30-share barometer was down 80.82 points, or 0.31 per cent, to 26,408.74 in early trade, with sectoral indices led by consumer durables, auto, realty and banking trading lower.

The index had lost 208.26 points in previous three sessions.

The NSE Nifty dropped 25.20 points, or 0.30 per cent, to 8,114.25.

Brokers said apart from continued outflows by foreign funds, a weak trend in Asia tracking a sell-off on Wall Street and extending last week's losses on concerns of an expected jump in US interest rates next year mainly pulled the indices down.

Japan's Nikkei fell 0.22 per cent while Hong Kong's Hang Seng shed 0.84 per cent in early trade today. Shanghai Composite too shed 0.19 per cent.

The Dow Jones Industrial Average ended 0.04 per cent lower in Friday's trade.

Sensex down by 257.62 points on negative global cues

The Benchmark Index of the Bombay Stock Exchange he Sensex fell 257.62 points or 0.96% to settle at 26,489.56 in theweek under Review , tracking weakness in other global stocksafter the US Federal Reserve (US Fed) hiked interest rate onWednesday, December 14, 2016.US Fed also hinted at a more aggressive pattern of rate increasesnext year. Higher interest rates in the US could result in dollar outflows fromemerging markets towards the US. Selling Domestic market was,however, contained by back-to-back positive data in the domestic economy.Nifty of NSE also fell 122.30 points or 1.48 percent to settle at8,139.45. The BSE Mid-Cap index fell 2.38 percent. The BSE Small-Cap indexfell 1.68 percent. Both these indices underperformed the Sensex.Trading for the week started on a negative note. Banking, telecomand index heavyweights ITC and Infosys led modest-to-strong lossesfor key benchmark indices on Monday, December 12, 2016. BSE Sensex,fell 231.94 points to settle at 26,515.24.Key benchmark indices registered modest gains on Tuesday, December 13, 2016. The Sensex had risen 182.58 points to settle at 26,697.82.Market settled with small losses in a volatile trading session onWednesday, December 14, 2016. The Sensex fell 94.98 points or 0.36%to settle at 26,602.84.Key benchmark indices ended the volatile session with small losseson Thursday, December 15, 2016. The Sensex fell 83.77 points or to settle at 26,519.07.Key benchmark indices registered small losses on Friday,December 16, 2016, tracking lacklustre trading on the European andAsian bourses. BSE Sensex, lost 29.51 points to settle at 26,489.56.MORE UNI JS AW12135

Sensex struggle to stay adrift, fall 258 points for the week

Nifty 50 index during the week fell 122.30 points, or 1.48 per cent, to finish at 8,139.45 after shuttling between 8,230.65 and 8,121.95.

Mumbai: The BSE benchmark Sensex fell to mark biggest weekly loss in a month, falling 257.62 points to finish at 26,489.56, while the broader Nifty fell below the crucial 8,150-level.

The market began the week on negative note with dismal IIP data, US president-elect Trumps blunt talk on visas and surging crudeoil affecting the stocks, however, immense caution focused on two day US Fed Reserve policy meeting.

When the US Fed increased the rate which was expected, it is the hawkish tone of indicating three more hikes in the coming year led fears of capital flights from emerging markets on strong US bonds yields and dollar strength set-off nervousness in trading community, Sentiments were on the edge as investors opted for bouts of shortcovering gains for the week, with GST wash-out in Parliament winter session, widening trade-deficit data set-off negative mood for the week.

While comforting macrodata's retail inflation (CPI) and Wholesale inflation (WPI) were overlooked. Stock specific selling pressure on dismal earning results like Coal India led the market to down-hill.

During the week, the Sensex lost 257.62 points, or 0.96 per cent, to end at 26,489.56. It hovered in the range of 26,737.86 and 26,407.58. The Nifty 50 index during the week fell 122.30 points, or 1.48 per cent, to finish at 8,139.45 after shuttling between 8,230.65 and 8,121.95.

The selling was led by Metal, FMCG, PSUs, HealthCare, Bankex, Oil&Gas, Power, Realty, CapitalGoods, Auto, Consumer Durables and IPOs, while shares of midcap and smallcap also witnessed widespread selling. Buying was witnessed in IT and Teck counters.