After flat opening Nifty50, slipped in RED. Without breaching 7600 level, Nifty50 bounced and closed 0.66% higher at 7700. In morning session, India Vix traded in GREEN but finally closed in RED. NSE ADR remained above one and closed near to two. USD-INR Dec. future on NSE opened in down ward gape and closed 0.2% lower at 67.09 INR.
Reacting to news of petrol & diesel price reduction, 14 out of 15 NiftyAuto Index stocks closed in Green. NiftyAuto Index closed 1.5% higher. BankNifty Index closed 0.3% higher. NiftyFMCG Index closed 1.2% higher. Nifty Pharma Index closed 0.6% higher. NiftyIT Index closed 0.37% lower. NiftyMetal Index closed 0.25% lower. NiftyRealty Index closed 0.87% higher.
Bharat Forge closed 3.8% higher. Bosch closed 3% higher. TataMotor closed 2% higher. After hitting fresh 52 week low in intraday trade, KotakBank closed 1.5% higher. Axis Bank finally closed 0.67% higher. CanaraBank made fresh 52 week low and closed 1.5% lower. Godrej consumer product closed 3.3% higher. HUL closed 2.6% closed higher. Nestle closed 1% lower. SunPharma closed 0.5% higher. DRL closed 0.7% lower. AuroPharma closed 0.3% lower. Infy closed 0.84% higher. TCS closed flat. Reacting to news of foreign company acquisition in non-core area, Tech Mahindra closed 4% lower. TataSteel closed 0.2% lower. OrissaMines closed 1.7% lower. Vedanta closed 0.6% lower. IBReal Estate closed 4.7% higher. Godrej Property closed 1.8% higher.
Volume in NSE cash and equity segment was lower. As per provisional End of Day statistical figures FIIs bought equity worth 48 crore INR(net) and DIIs also bought equity of 270 crore INR(net).
At the end of session, India Vix was placed in GREEN and NSE ADR was placed near to two. Together both these indicates, some optimism prevailing in market. Major move in market is expected after US FED decision. In case, the optimism will not materialise, sharp fall in Nifty can not be ruled out.
Writer may have position in market/s as per risk profile and market condition. Reader/s must consult financial adviser/s, while acting on provided information. Writer may have discussed similar things with friends in group.
Written Date : 15.12.2015 Tuesday 20:45 hours IST
No comments:
Post a Comment