ECONOMY ANALYSIS
- Sensex in unchartered territory, Nifty hits 8600
- 10x in 11 years: Indian stocks' mcap crosses Rs 100 lakh cr
- Trai recommends over 15 pc rise in CDMA spectrum reserve price
- India may extend tax breaks for auto firms beyond Dec 31
- Just Dial shares up nearly 4% on RBI move
- Gold extends losses to third day as oil slumps
- Equity benchmarks ended at new record closing high on Friday, the first day of December series, following further fall in crude oil prices after the OPEC decided not to cut output. Hopes of rate cut or indication of rate cut by RBI in monetary policy held on December 2 also pushed market higher in trade today.
- The 30-share BSE Sensex rallied as much as 383.5 points intraday to hit a life high of 28822.37, before closing at 28693.99, up 255.08 points or 0.90 percent compared to previous close.
- The 50-share NSE Nifty crossed another milestone 8600-mark, hitting an all-time high of 8617 but some profit booking in late trade dragged the benchmark index from the day’s highest point. The index closed at 8588.25, up 94.05 points or 1.11 percent.
- For the week, the Sensex and Nifty gained 1.3 percent each. CNX Midcap index rose 1.1 percent while BSE Small Cap index fell 0.5 percent.
ECONOMY ANALYSIS
- Nifty ends flat on F&O expiry day, gains 4% in Nov series
- JP Assoc falls 2.5%: ED reportedly probes money-laundering
- 8K Miles Software surges 10%, co acquires SERJ Solutions
- Monsanto up 2.7% after govt says no ban on GM field trials
- Cos garner Rs 7000 cr via NCDs in first 8 months of FY15
- Block deal: Crompton promoter sells 8.5% stake: stk down 5%
MARKET ANALYSIS
- Equity benchmarks gained marginal strength in late trade with the Nifty closing tad below the 8500-mark on Thursday, the expiry day for November series derivative contracts. Overall the market remained quiet for the second consecutive session today. The 50-share NSE Nifty climbed 18.45 points to 8494.20 and the 30-share BSE Sensex rose 52.72 points to close at 28438.91.T
- The broader markets outperformed benchmarks throughout the session. The BSE Midcap and Smallcap indices gained 0.5 percent each. For the November series, the Sensex and the Nifty rallied 4 percent each while the CNX Midcap Index was up 5 percent and BSE Small Cap Index climbed 4 percent. Bank Nifty surged 7.5 percent while BSE Auto, Capital Goods, FMCG, Pharma, IT and Realty were up 3-8.5 percent while Metals fell 2.8 percent.
- The market clocked the second highest ever (total) turnover of Rs 10.1 lakh crore on expiry day.
MARKET ANALYSIS
- The S&P BSE Sensex pulled back in the afternoon and closed nearly 50 points up led by gains in metals, FMCG and realty sectors.
- The 30-share index ended at 28,386.19, up 48.14 points or 0.17 per cent. It touched a high of 28,470.15 and a low of 28,261.31 in trade today.
- The Nifty closed at 8,475.75, up 12.65 points or 0.15 per cent. It hit a high of 8,500.0 and a low of 8,438.65 in trade today.
- The S&P BSE Midcap Index was up 0.62 per cent and the S&P BSE Smallcap Index gained 1.12 per cent.
- GAIL (up 2.75 per cent), Sesa Sterlite (up 2.34 per cent), ITC (up 2.33 per cent), BHELBSE 2.26 % (up 2.26 per cent) and Hindalco (up 2.21 per cent) were among the major Sensex gainers.
- Bharti Airtel (2.43 per cent), ICICI Bank (1.45 per cent), Bajaj Auto (0.90 per cent), Reliance (0.50 per cent) and L&T (0.46 per cent) were among the major Sensex losers.
- The market breadth was positive on the BSE with 703 gainers against 700 losers.
- Sensex ends in green; metals, FMCG, realty gain
- Market closes marginally up; DLF gains 7%, Zee Ent off 4.1%
- MRF rallies over 4.5% on strong Q4 results
- US court refuses Ranbaxy appeal to block ANDA nod for 2 drugs
- Nippon Life to increase stake in Reliance Capital to 49%
- July-September GDP likely slowed to 5.1% Y-o-Y
ECONOMY ANALYSIS
- Sensex ends 160 points lower amid volatile trade; realty, utilities drag
- Health Min accepts panel's recos to ban loose cigarettes
- Bharti up 2% as it sells 4800 towers in Nigeria to cut debt
- Ricoh India up 11% on bagging big order from government
- Mara Raja jumps 6%; BoAML upgrades it, sees 75% upside
MARKET ANALYSIS
- The S&P BSE Sensex snapped three-day winning streak and slipped as much as 282 points in trade on Tuesday, led by losses in Tata SteelBSE - 2.56 %, JSW SteelBSE -2.63 %, NMDC and Sesa Sterlite. The 30-share index witnessed the biggest single-day drop in nearly 6 weeks.
- Tracking the momentum, the 50-share Nifty index also came under bit of pressure and closed the day below its crucial psychological level of 8500. The index hit a record high of 8535.35 earlier in trade today.
- The S&P BSE Sensex has rallied over 33 per cent so far in the year 2014 and some sort of profit booking cannot be ruled out after three straight days of gains, say analysts but the broader trend remains on the upside.
- The S&P BSE Sensex finally closed at 28,338.05, down 161.49 points or 0.57 per cent. It touched a high of 28,541.22 and a low of 28,217.50 in trade today.
- The 50-share index ended at 8,463.10, down 67.05 points or 0.79 per cent. It hit a record high of 8,535.35 and a low of 8,429.45 in trade today.
ECONOMY ANALYSIS
- Sensex, Nifty at record closing highs; Infosys hits new high
- Winter session begins today; eyes on Insurance Bill, GST
- FD scam: ED books PSU bank officials under PMLA
- Metal stocks rally post China's surprise rate cut
- Transgene GDR case: Sebi must call taxmen for deeper probe
- India attracting more than 50% of total EM flows: Quant Cap
- The Nifty extended its winning streak for third consecutive session and closed above 8,500 for the first time ever. Technology, metals and banks were the top sectoral gainers while oil & gas, pharmaceuticals and FMCG led the losers pack.
- The 50-share index ended at all-time closing high of 8,530.15, up 52.80 points or 0.62 per cent. It hit all-time high of 8,534.65 and intraday of 8,490.95 in trade today.
- The S&P BSE Sensex ended at 28,482.49, up 147.86 points or 0.52 per cent. It touched an all-time high of 28,541.96 and intraday low of 28,394.48 in trade today.
- DLF (up 5.59 per cent), Jindal Steel (up 4.44 per cent), Tata PowerBSE 4.14 % (up 4.31 per cent), InfosysBSE 3.08 % (up 3.13 per cent) and Tata SteelBSE 3.00 % (up 3.02 per cent) were among the major Nifty gainers.
- Power Grid CorporationBSE -2.90 % (2.46 per cent), CiplaBSE -1.46 % (1.59 per cent), Reliance (1.39 per cent), ACC (0.92 per cent) and Sun PharmaBSE -0.64 % (0.83 per cent) were among the major losers.
- The market breadth was positive on the NSE with 464 gainers against 595 losers.
NEWS INSIGHT
- Weekly Wrap: M&A nudge, global cues boost Sensex 1%; PSBs zoom
- Winter Session: Modi picks up economic reform pace, opposition remains
- Draghi throws door to QE wide open as recovery wanes
- China surprises with interest rate cut to spur growth
- FII limit in Power Grid hits trigger
- Forex reserves up by $ 419.4 million to $ 315.55 billion
- Astral Poly Tech acquires 76% in Resinova for Rs 213cr
NIFTY ANALYSIS
- Positional Support for NIFTY 8320
- Positional Resistance of NIFTY is 8493
- Immediate resistance for NIFTY is 8423
- Intraday Support of NIFTY is 8365
- Oscillator Analysis The oscillator is showing BUY signal
- Short Term Oscillator Analysis- The signal is BUY
- Trade above 8420 will result in formation of new support at 8410 and new high can be seen in Index.
- Nifty, Sensex end at record closing highs; banks sizzle
- Cipla soars 4%; BoAML ups target as PAT to jump five-fold
- YES Bank climbs 4%, RBI allows FIIs to buy shares
- Cipla ties up with Serum Inst to market vaccines in Europe
- Gammon India rises 4.4%, may sell subsidiary
- Dow, S&P 500 end at records after US data, Intel outlook
