30.12.2015 Wednesday closing note

Nifty50 opened in upward gap, tested yesterday's high at 7944, hovered around 7930 level, slipped in RED to close just below 7900. India Vix opened in RED and closed GREEN. NSE ADR opened above one and gradually slipped below one. 

NiftyMetal Index closed 0.32% higher. NiftyPharma Index closed 0.3% lower NiftyIT Index closed 1.2% lower. NiftyReality Index closed flat. BankNifty closed 0.43% lower. NiftyAuto index closed 0.35% lower. NiftyFMCG Index closed flat.

Reliance closed 1.2% lower. Pipavav Defence closed 2.7% lower. Welspun Corp closed 1% higher. TataSteel closed 1.3% higher. Glenmark closed 0.4% lower. SunPharma closed flat. Infy closed 1.5% lower. TCS closed 1.3% lower. Oberoi Reality closed 0.5% lower. ICICI Bank closed 0.85% lower. SBI closed 1% lower. Bosch closed flat. TataMotor closed 0.55% higher.

On NSE, volume in Equity and Derivative segment was higher than previous session. As per EoD provisional statistics, FII/FPIs bough equity worth 152 crore INR(net), and DIIs sold equity worth 74 crore INR(net).

At the end of session, India Vix is placed in GREEN. NSE ADR is placed below one. Both these together indicates weakness in market.

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 :  30.12.2015 Wednesday  23:00 hours  IST