29.12.2015 Tuesday Closing Note

Nifty50 opened in upward gap, made day's high at 7943, slipped into RED to test 7900 level, recovered to close in GREEN. India Vix opened in GREEN and closed RED. NSE ADR opened above one and gradually slipped below one. 

NiftyMetal Index closed 0.22% lower. NiftyPharma Index closed 0.11% higher NiftyIT Index closed 0.16% lower. NiftyReality Index closed 1.28% lower. BankNifty closed flat. NiftyAuto index closed 0.5% higher. NiftyFMCG Index closed 0.5% lower.

Reliance closed 0.36% higher. Pipavav Defence closed 7.3% lower. Welspun Corp closed 0.4% lower. TataSteel closed 0.83% higher. Glenmark closed 0.87% higher. SunPharma closed flat. DRL closed 0.96% lower. Infy closed 0.16% lower. TCS closed 0.54% lower. Oberoi Reality closed 3.16% lower. ICICI Bank closed 0.64% higher. SBI closed 0.22% lower. Bosch closed 0.68% higher. TataMotor closed 0.84% lower.

On NSE, volume in Equity and Derivative segment was higher than previous session. As per EoD provisional statistics, FII/FPIs bough equity worth 8 crore INR(net), and DIIs bought equity worth 6 crore INR(net).

At the end of session, India Vix is placed in RED. NSE ADR is placed below one. Both these together indicates neutral view.

Disclaimer :-

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 :  29.12.2015 Tuesday  20:00 hours  IST