Monday, 12 December 2016

Nifty ends below 8200, Sensex tanks 232 pts; auto, bank slide

                               
 The market has ended sharply lower. The Sensex ended down 231.94 points or 0.8 percent at 26515.24 and the Nifty was down 90.95 points or 1.1 percent at 8170.80. About 1107 shares advanced, 1544 shares declined, and 132 shares were unchanged. 

ONGC, TCS, NTPC, Sun Pharma and L&T were gainers while Asian Paints, Axis Paints, Bajaj Auto, Hero MotoCorp and Tata Motors are losers in the Sensex.

 MMMFS MARKET CLOSING BUZZ:
NIFTY 50 FUT- 8183.00, -94.00
NIFTY BANK FUT- 18425.00, -297.65
SENSEX - 26510.83, -236.35

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Sunday, 11 December 2016

Sensex falls over 100 pts, Nifty holds 8200; IT stocks skid --- 12 Dec 2016

                           
The market has opened weak but the Nifty is holding 8200. The 50-share index is down 36.40 points or 0.4 percent at 8225.35 and the Sensex is down 86.61 points or 0.3 percent at 26660.57. About 199 shares have advanced, 99 shares declined, and 29 shares are unchanged.

The 30-share index was trading 143 points lower or 0.53 per cent at 26,604. It touched a high of 26,725.31 and a low of 26,594.56 in morning trade. 


ONGC (up 2.3 per cent), SBI (up 0.5 per cent), M&M (up 0.41 per cent) and Sun Pharma (up 0.3 per cent) were the major Sensex gainers. 
Infosys (down 2 per cent), Axis Bank (down 1.7 per cent), Asian Paints (down 1.3 per cent), and Wipro (down 1.1 per cent) were the major Sensex losers. 
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Friday, 9 December 2016

Market ends at new 1-month record closing high; ITC, SBI gain

                                 
                                      
                                 
The market has ended at 1-month record closing high. the Sensex is up 52.90 points or 0.2 percent at 26747.18, and the Nifty is up 14.90 points or 0.2 percent at 8261.75. About 1436 shares advanced, 1180 shares declined, and 182 shares were unchanged. 

SBI, ICICI Bank, ONGC, Axis Bank and ITC were gainer while Bajaj Auto, Coal India, HDFC, M&M and Cipla were losers in the Sensex.

 MMMFS MARKET CLOSING BUZZ:
NIFTY 50 FUT- 8275.10, +19.45
NIFTY BANK FUT- 18720.00, +161.45
SENSEX - 26747.18, +52.90

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Thursday, 8 December 2016

Nifty opens above 8250, Sensex rises; Adani, Hero, Maruti gain --- 9 Dec 2016

                                     
The market has opened firm as the Sensex is up 105.86 points or 0.4 percent at 26800.14. The Nifty is up 24.85 points or 0.3 percent at 8271.70. About 223 shares have advanced, 41 shares declined, and 9 shares are unchanged.

Adani Ports, Hero MotoCorp, Bharti Airtel, Maruti Suzuki and Coal India while Dr Reddy's Labs and Wipro are losers in the Sensex. 

The Indian rupee has opened lower by 14 paise at 67.49 per dollar on Friday versus previous close 67.35.

The 30-share index was trading 53 points higher or 0.20 per cent at 26,747. It touched a high of 26,803.26 and a low of 26,732.47 in morning trade. 

The S&P BSE Midcap Index was up 0.14 per cent and BSE S&P Smallcap Index was trading 0.38 per cent higher. 

ONGC (up 1.4 per cent), Adani Ports (up 1.5 per cent), Bharti Airtel (up 1.3 per cent) and Asian Paints (up 1.02 per cent) were the major Sensex gainers. 

MMMFS OPENINIG BUZZ:
NIFTY 50 FUT- 8275.15, +19.50
NIFTY BANK FUT- 18592.00, +33.45
SENSEX - 26787.14, +92.86

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Wednesday, 7 December 2016

Nifty claws back 8200, Sensex rises over 300 pts; autos lead --- 8 Dec 2016

                                             
  The Sensex is up 316.55 points or 1.2 percent at 26553.42, and the Nifty up 98.00 points or 1.2 percent at 8200.05. About 1177 shares have advanced, 219 shares declined, and 59 shares are unchanged.

Tata Motors, Tata Steel, Adani Ports, Maruti and Infosys are top gainers while Dr Reddy's Labs is down.

The 30-share index was trading 251 points higher or 0.96 per cent at 26,488. It touched a high of 26,493.16 and a low of 26,357.35 in morning trade. 

The Nifty50 was trading at 8,181 up 79 points or 0.98 per cent. It touched a high of 8,183.25 and a low of 8,151.75 in the first 30 minutes of trade. 

The S&P BSE Midcap Index was up 0.81 per cent and BSE S&P Smallcap Index was trading 0.78 per cent higher. 

Tata Steel (up 2.1 per cent), Adani Ports (up 1.7 per cent), SBI (up 1.5 per cent) and Maruti Suzuki (up 1.7 per cent) were the major Sensex gainers. 

MMMFS OPENINIG BUZZ:
NIFTY 50 FUT- 8176.00, +52.65
NIFTY BANK FUT- 18377.00, +116.00
SENSEX - 26366.52, +129.65

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Tuesday, 6 December 2016

Sensex, Nifty open firm ahead of RBI policy; Sun Pharma down 3% --- 7 Dec 2016

                                                   
The market has opened steady ahead of RBI monetary policy review. The Sensex is up 71.33 points or 0.3 percent at 26464.09 and the Nifty is up 25.25 points or 0.3 percent at 8168.40. About 213 shares have advanced, 30 shares declined, and 10 shares are unchanged.

Bajaj Auto, SBI, Adani Ports, Maruti and HDFC are top gainers while Sun Pharma, TCS, Coal India, Dr Reddy's and Tata Motors are losers in the Sensex. 

The Indian rupee opened marginally higher at 67.84 per dollar on Wednesday versus previous close 67.90.

The BSE Sensex was trading at 26,445, up 52 points, or 0.20 per cent. The Nifty50 gained 17.10 points, or 0.0.21 per cent to 8,160.25 in morning trade. 

MMMFS OPENINIG BUZZ:
NIFTY 50 FUT- 8188.25, +19.20
NIFTY BANK FUT- 18560.00, +84.80

SENSEX - 26456.21, +63.45

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Sensex off day's high, Nifty fails to hold 8150; RBI policy eyed

                                   
The NSE Nifty ended Tuesday's session on a positive note but failed to hold 8150 level due to late sell-off in private banking & financials. Investors remained cautious ahead of the outcome of monetary policy committee meeting tomorrow.

The 30-share BSE Sensex was up 43.66 points at 26392.76, and the 50-share NSE Nifty gained 14.40 points at 8143.15 after hitting an intraday high of Rs 8178.70 while the broader markets outperformed.

The recent recovery in the market after falling below 8000 level indicated that a 25 basis points cut in repo rate is largely priced in. 

MMMFS MARKET CLOSING BUZZ:
NIFTY 50 FUT- 8164.00, -0.90
NIFTY BANK FUT- 18478.45, +8.15
SENSEX - 26379.63, +30.53

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