Monday, 16 January 2017

Nifty struggling for 8400 level

Nifty is struggling to be above its crucial level of 8400. Realty and Metal are top performing sectors. IT and FMCG are in the weak position.
Market Bias is positive with 918 advances and 522 declines on NSE.
Ministry of Commerce and Industry has announced the WPI data today. WPI inflation is up at 3.39%.
At 12.15 PM, the S&P BSE Sensex is trading at 27260.43 up 22.37 points, while NSE Nifty is trading at 8401.95 up 1.60 points. A total of 41 stocks registered a fresh 52-week high in trade today, while 10 stocks touched a new 52-week low on the NSE.
The BSE Mid-cap Index is trading up 0.32% at 12679.49, whereas BSE Small-cap Index is trading up 0.53% at 12756.95.
Only FMCG, IT and Pharma are trading in red, all other sectors are trading in green on NSE.
Adani Port, Idea, Tata Steel, Tata Motors are among the gainers, whereas HCL Tech, Infosys, Eicher Motors, Tata Power and Bosch are losing sheen on NSE.
The INDIA VIX is trading at 15.065 up 4.75%.
Tata Motors is trading at Rs 523.30 per share, up by Rs 8.45 per share or 1.64%. The stock has seen the addition of 731 contracts or 3.28% in its Open Interest.
DCB Bank has witnessed the 17.81% or 271 addition of contracts in its Open Interest. The stock is trading at Rs 122.65 per share, down by Rs 1.25 per share or 1.01%.
Tata Steel is top gainer, trading at Rs 456.10 per share up by 2.18%.

No comments:

Post a Comment