Tuesday, 17 January 2017

Sensex and Nifty opened in green

At 9:15 AM, the BSE Sensex opened higher by 0.16 at 27318, while the Nifty50 opened higher by 0.13% at 8420 mark.
 
Advance Decline ratio is in favour of advances with 543 Advances and 138 Declines.
 
Further resistance for Nifty would be at 8420 followed by 8460.
 
The Indian rupee opened lower by 0.0658 paise against US Dollar at 68.09 per dollar versus 68.1558 on Monday.

Ministry of Commerce and Industry announced WPI inflation index on Monday. WPI inflation rises to 3.39% in December 2016 from 3.15% in November 2016. In December 2015, WPI inflation was a negative 1.06%.

The CAC closed at 4882.18 losing 0.82%; the DAX closed at 11554.71 losing 74.47 points, while UK’s FTSE ended the session lower by 0.15 per cent at 7327.13. European stocks closed in red on Monday as investors are seeking more details on UK’s Brexit plan and the inauguration of president-elect Donald Trump in the U.S. later this week.
 
US financial markets were closed on Monday to commemorate Martin Luther King Jr. Day. US market would be volatile due the fourth-quarter season.
 
The SGX Nifty index gained 6 points closing at 8439 level.
 
Ten companies are going to announce their result on Tuesday’s trading session.
 
Following stocks would be in focus today.

 DELTA CROP LTDopened today at Rs 138 per share, gaining Rs 3.85 per share or 2.85%.
 
HAVELLS INDIA opened today at Rs 382.35 per share, gaining Rs 0.95 per share or 0.25%.
 
MASTEK opened today at Rs 176.45 per share, gaining Rs 0.55 per share or 0.31%.
 
CAN FIN HOME LIMITED opened today at Rs 1762.90 per share, gaining Rs 27.95 per share or 1.62%.
 
CHOICE INTERNATIONAL LIMITED opened today at Rs per share, gaining Rs per share or %.

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