Indian Stocks 25-January2016

Nifty50 opened with 0.6 % or 46 point upward gap at 7,468; made day's high at 7,487; hovered around 7,460; made day's low at 7,421; closed at 7,436 or 0.18 % higher. IndiaVix opened in GREEN, slipped into RED Zone and closed 2.95 % LOWER at 18.268. NSE Advance Decline Ratio (ADR) opened near EIGHT and closed at 2.08. On NSE, USD-INR currency January'16 expiry future closed 0.3 % higher at 67.83 INR.

Bank Nifty closed 0.41 % higher. NiftyAuto Index closed 0.75% lower. NiftyMetal Index closed 1.61 % higher. NiftyPharma Index closed 0.88 % higher. NiftyIT Index closed 0.17% higher. NiftyFMCG Index closed flat. NiftyReality Index closed 0.57% higher.

Reliance closed 0.4 % lower. TataSteel closed 2.93 % higher. Infy closed 0.42 % higher. SunPharma closed 2.37 % higher. HDIL closed 1.32 % lower. SBI closed 1 % lower. TataMotor closed 1.74 % lower. 

On NSE, Turnover in Equity and Derivative segment was LOWER than previous session. As per EoD provisional statistics, FII/FPIs Sold equity worth 91 crore INR(net), and DIIs Bought equity worth 307  crore INR(net).

At the end of session, India Vix is placed in RED above 15. NSE ADR is placed near to 2. Both these together indicates positive bias. Today's lower volume suggest that today's up move was short covering. Now just two trading session remaining before NSE Derivative January contracts expires on 28th January2016.. 

Indian Markets will close on 26-01-2016 on account of Republic Day Celebration. Wishing Happy Republic Day to all.

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 :  25-January 2016  21:00 hours IST .