Nifty above 9250, Sensex Flat; RBI Maintains Status Quo on Repo Rate

The benchmark indices pared losses on Thursday after the RBI decided to keep the repo rate unchanged at 6.25% in proportion to the market expectations. The Sensex was down 46.90 points at 29,927.34, while the Nifty was down 13.30 points at 9,251.85 on closing. BSE Midcap  gained 0.15%, while BSE Smallcap  was down 0.23%. Market breadth showed gains with 1,476 advances against 1,403 declines on the BSE while a total of 140 stocks remained unchanged.

SBI, ITC and Hindalco were among the top losers, while BHEL, Tata Steel and Zee Entertainment were the top gainers on both BSE and NSE.

Nifty Bank index fell nearly 0.55%. The bank index has grown about 19 % percent this year. Jindal Steel and Power gained nearly 5.22% after posting a 12.3% rise in row, in quarterly consolidated steel production.

Asian markets finished on mixed note The Shanghai Composite gained 0.33%, while the Nikkei 225 led the Hang Seng lesser, falling 1.40% and 0.52% respectively. The Indian rupee was trading at Rs 65.04 against the US dollar in the afternoon session, while the Oil prices were trading at US dollar 51.18.

Nifty closes over 9200 for first time ever, Sensex closes 90 points

Indian market registered modest gains in the first trading session of the week. The BSE Sensex, advanced 289 points or 0.98% at 29,910.22, The NSE-Nifty-50 index rose 64 points or 0.7% at 9,237.85. BSE Mid-cap Index closed up 0.6% at 14,189 while, BSE-Small-cap Index closed up 1.2% at 14,620. Reliance, L&T, ICICI, and HDFC were the top contributors to the Nifty gains. About 1244 advanced, 428  shares declined  and 269 shares  unchanged on NSE, reflecting bullish sentiment floating in the market.  L&T was the top Nifty gainer whereas, Bharti Airtel was the top Nifty loser today.  Bharti Airtel closed at Rs 342 p

er share up by Rs 7 and Infosys closed at Rs 1,009 per share up by Rs 11.

Indian rupee strengthened to its highest in nearly 1 ½ years and bonds rallied.  Foreign Portfolio Investors (FPIs) pumped in a record Rs. 57,000 crore in Indian capital markets in the month of March, the biggest monthly total since 2002, as per stocks depository services provider NSDL.

NSE index rose about 0.51% to a record high of 9,220.65 points, exceeding its previous landmark of 9,218.40 points hit on 17 March. The bonds have also rallied, reflecting the benchmark ten-year bond yield down near 14 bps to 6.55%.

For More Update click here

Sensex Nifty Slumped, Commodity Market on Flat Note

Sensex and Nifty opened on a flat note on Friday morning. Sensex has lost 196 points at 28848 and Nifty has lost 64 points yet. Commodity market is also showing average movements today. MCX Gold has dropped 6 points to 31197 while Silver dropped 18 points to 46696. In energy sector, Crude oil dropped 21 points to 3143 and Natural gas hiked 1.20 points to 187.30. Midcap sectors are trading down today. BSE Smallcap dropped 49 points to 12873, BSE Midcap dropped 92 points to 13386 and Nifty Midcap dropped 74 points to 15671. BSE Auto sector dropped 267 points to 22919, BSE BANKEX dropped 301 points to 23184 and Bank Nifty lost 243 points to 20173. Currently, Rupee is trading lower by 13 paise at 66.55. Till yet 890 shares have advanced, 1422 shares have declined and 146 shares are unchanged.

Asian Market Updates: Japan's benchmark index Nikkei trading at 16965 with minor hike of 7 points, Hong Kong's benchmark index has a major hike of 336 points at 24255 and China's Shanghai Composite has dropped 2 points to 3093.

Stock And Commodity Market moving High - Updates By Money Maker Research

Equity benchmarks opened higher in today's trading session. Currently, indices are moving in the positive zone with average gains. Sensex has gained 56 points at 28479 and Nifty hiked 8 points to 8783. Maximum Indian sectors are trading with positive leads including the midcap sectors. BSE Auto sector is leading the region with 176 points hike to 22262, BSE Bankex gained 96 points to 22774 and Bank Nifty live at 19863 with 75 points up. Indian currency Rupee is stable on 66.85 with strength of 10 paise against US Dollar. 

MCX and NCDEX markets are moving higher in the positive direction. In Bullion Market Gold has hiked 9 points to 30781 while Silver stocks jumped 185 points to 44483. Rmseed lift up 36 points to 4704, Soyabean hiked 39 points to 3318 and Cocudakl is up 13 points to 2707.

Asian Market Updates: Asian Market indices are trading marginally lower in the positive zone today. Nikkei dropped 16 points to 16910, Hang Seng gained 91 points to 23254 and Shanghai Composite with minor loss of 7 points dropped to 3056.

Equity Benchmarks Rising High, Gold Silver Down

Equity Benchmarks extended rally in the morning session. Market has risen more than 1 percent till yet. Sensex is up 281 points to 28141 and Nifty is up 78 points to 8670. Currently Rupee is trading at 66.81 with 3 paise hike against US Dollar. Bullion Market dropped in the early sessions. MCX Gold with 167 points down trading at 31160 and Silver dropped 280 points to 46475. Natural Gas with minor drop is trading at 169.70 and Crude Oil has hiked a good amount of 38 points to 2950. Asian market indices are trading high in the positive zone. Nikkei has hiked 191 points to 16926, Hang Seng with 164 points lead trading at 22745 and Shanghai Composite is trading low with just 7 points up at 3009. 

Indian Sectors are showing high movements positive leads. BSE Auto is trading highest with 308 points lead to 21486, BSE Bankex hiked 195 points to 21519 and Bank Nifty with 152 points up trading at 18792. BSE Small Cap with 80 points lead trading at 12270, BSE Mid Cap has risen 129 points to 12777 and Nifty MidCap with 115 points up trading at 14858.

Sensex Nifty Under Pressure, Bank Nifty, Capital Goods Sector Drags

Indian Stock Market slumped in the last trading session of this week. Equity benchmarks remained under pressure tracking weakness in Asian peers. Sensex Nifty slipped huge amount of points today. Sensex live at 27098 with 103 points or 0.38 percent drop while Nifty live at 8309 with 28 points or 0.35 percent down. Indian currency Rupee trading at 67.48 weak by 0.09 paise. All the major Indian sectors are trading in the negative zone, Capital Goods sector with highest loss of 206 points trading at 15102, BSE BANKEX lost 148 points to 20547 and Bank Nifty live at 17939 with 145 points loss. Global Indices trading almost negative. Nikkei declined 168 points at 15107, Heng Sang fell 193 points to 20513 and Shanghai Composite lost 28 points reaching 2988 points. 

Having a view on Commodity Market, Bullion Market slides down too. Gold slipped 92 points to 31789 and Silver dropped 134 points to 46759. Natural Gas with minor loss trading at 186 points and Crude Oil hikes 13 points to 3076. In NCDEX, Charjddel hikes 184.00 points to 8320.00 while Jeeraunjha trading at 18015.00 with major loss of 165 points.

Indian Stock Market moving Sluggish

On the first trading session of this week, the Indian Rupee opened at 66.50 with the loss of 3 paise against the Dollar. Although, the Indian Stock Market haven't received any much changes till now but the market is moving in negative zone with minor loss. Currently, Sensex live at 24655.34 with the loss of 18.50 points and Nifty live at 7551.05 with the loss of 4.15 points. In Asian Market, Japan and Singapore Indexes are trading low, whether Korea, Hong Kong and Taiwan Indexes are up today. In S&P Bse Sectors, Consumer & Durables sector is on the top with the hike of 252.48 points and 2.24%. BSE Bankex, Bank Nifty, FMCG, IT and Healthcare sectors are trading in negative zone with the loss of 42.22, 52.30, 67.41, 38.09 and 44.87 respectively. In the list of top gainers, Bharti Airtel is at the top with the hike of 3.74% followed by Idea Cellular up 2.52%  and Hindalco up 2.17%. In the list of top losers, Lupin is at the top with the loss of 1.91% followed by Dr. Reddy's Lab down 1.28% and Grasim down 1.20%.