Markets
BSE See NSE See 38,896.71
160.48 (0.41%)
collapse Related Readings collapse

Indices bleed: Auto, Banks fall

By Abhijeet Gosavi | 9/12/2016 5:24 PM Monday

The Indian markets nosedived on September 12, 2016 without a single sign of recovery till the closing session.  The indices like Auto, Banks, Capital Goods and Metals dived around 2.5 per cent each. The Sensex fell by 443 points and ended at 28353. The Nifty ended down by 151 points to close at 8715 level. Both the indices closed down by more than 1.5 per cent each.

The advance-decline ratio was negative in the closing session. On the NSE, 5 shares closed in green, while 46 shares ended the day in red.

Top 5 Nifty Gainers: Infosys closed the day as the top gainer on the NSE, and managed to close in green on a flat note with a gain of 1.8%. It is followed by Tech Mahindra, Wipro, TCS and Reliance, which were the others that closed the day on a positive note.

Top 5 Nifty Losers: Hindalco was the top loser, down by 8.8%, followed by Yes Bank, Tata Steel, Bank of Baroda and Ambuja Cements.

In today’s trading session, apart from IT sector all the sectoral indices closed on the red mark. Auto, Bankex and Capital Goods were top losers, and closed down by more than 500 points each. While Metal, Healthcare, Mid-caps and Small-Caps also closed on a negative note down by 300 points each. However IT index closed nominally positive by 89 points.   

The Asian markets also were quoting in negative. Japan’s Nikkei closed in the negative by 292 points.  Hong Kong’s Hang-Seng was down by 809 points, while Taiwan and KOSPI closed on the negative mark.

European markets were also trading in negative scenario.

Derivative Analysis

Nifty future closed at vital support of 8750, if it opens below 8700 level, it may see more down fall. 

 

Find More Articles on: Markets, Analysis (Update), Post Market, DSIJ Mindshare

news letter

More for the early bird.

Get the post-market reports and breakfast news right in your inbox. See latest »

DSIJ Mindshare

DHFL hits 52 week low

Nidhi Jani / Article rating: 5.0

The company in its exchange filing said that due to sharp slowdown in disbursement and loan growth post September 2018, the financials of the company have been quite strained for the quarter impacting the overall performance of the year.

12345678910Last

Tiger Logistics topline to grow by 10%--buoyant over infra sector status to logistics sector

Tiger Logistics topline to grow by 10%--buoyant over infra sector status to logistics sector

Logistics sector will play a vital role in making the concept of ‘Make in India’ a success. This will be further aided by some of the recent steps taken by Government of India such as granting of infra sector status to logistics sector.

Best and worst Performing Sector Funds of Year 2017

Best and worst Performing Sector Funds of Year 2017

As the year-end has approached most of you are eager to know the mutual fund movers and shakers of the year 2017. Read on to find the performance of various sector dedicated funds.

Markets may start positive, but volatility likely due to F&O expiry

Markets may start positive, but volatility likely due to F&O expiry

The start of the F&O expiry day is likely to be in the green, but volatility may creep in with the progress of the session. The SGX Nifty suggests that the Nifty could open at 10,525 with gains of 32 points at the opening bell. 

Pidilite announces buyback of Rs 500 crore

Pidilite announces buyback of Rs 500 crore

The buyback offer comprises purchase of up to 50,00,000 equity shares. The buyback offer size comprises 0.975 per cent of the total paid-up equity capital of the company.

Bank Nifty drags markets to close in the red

Bank Nifty drags markets to close in the red

The late session fall in Bank Nifty changed the direction of the market, leading to a marginal fall in the benchmark indices. Bank Nifty yet again resisted at its multiple point downward sloping trendline level at 25733.

Six major underperforming MF schemes having higher expense ratios

Six major underperforming MF schemes having higher expense ratios

Mutual funds with a large size of assets under management (AUMs) are supposed to have lower expense ratios. However, there are schemes with large AUMs but having higher expense ratios and generating lower returns. 

Nifty Pharma supports market; Sun Pharma at bullish reversal

Nifty Pharma supports market; Sun Pharma at bullish reversal

Nifty Pharma index has come in as the healer in an otherwise sluggish market. Index has given a consolidation breakout at the 9420 level today and if the it sustains 9420, followed by 9628 on the upside, it has a long way to go.

Ten stocks close to their 52-week low

Ten stocks close to their 52-week low

Following stocks are close to their 52-week low as at 12.35 p.m. on December 27.

Ten stocks close to their 52-week high

Ten stocks close to their 52-week high

The markets on December 27 opened gap down. BSE Sensex is trading at 34,068.15, up by 57.54 points and the Nifty is trading at 10,539.45, up by 7.95 points.

Five stocks with selling interest

Five stocks with selling interest

Overall volumes in futures & options currently stand at 62.75 lakh contracts with a turnover of Rs. 5,19,204.72 crore.